The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Broken_Clock who wrote (246290)	4/30/2010 2:10:23 PM
From: BWAC	Read Replies (2) of 306849

Wonder if the banksters have marked those loans down yet? Probably not, still marking to fantasy. F'em all. Those condo owners have no rational choice but to walk away. Leave it for the banksters to sort out, its thier economy, they broke it, they own it. By the way, just where on the bankster income statement do the expenses for maintenance upkeep, property taxes (current and past due), HOA dues (current and past due), insurance, etc. go? Soon as they foreclose on some of this junk the banksters I guess become responsible for all expenses since they now "own" it. Anybody know?

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