The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hope Praytochange who wrote (306616)	10/24/2011 11:45:50 PM
From: John Vosilla	Read Replies (1) of 306849

Many are so far upside down best to just let the courts and market clear those homes out. I am seeing that they will end up taking one of three better options: 1)become renters as they hate ownership with a passion by now and their credit is shot anyway 2)have another member of the family take out a loan on a great foreclosure deal and move there 3)or just pool some of their savings from living mortgage free the past 2-3 years and downsizing to buy a distressed property for cash.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next