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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (30101)	2/28/2008 8:04:55 PM
From: Ilaine	Respond to of 220026

I don't really understand it, either. Some of them are not bidding their own properties at the foreclosure sale, I guess they can't afford to maintain the properties and pay property tax?

To: carranza2 who wrote (30101)	2/28/2008 8:06:43 PM
From: Ilaine	Respond to of 220026

I have quite a number of clients who have walked away, or haven't paid the mortgage for months and the house is just sitting there, no legal action.

To: carranza2 who wrote (30101)	2/28/2008 8:12:24 PM
From: oldirtybastard	Read Replies (1) \| Respond to of 220026

maybe because the creditors that aren't already rotting corpses know that more pain will give them more and better opportunities later so why alleviate it, and the rotting corpses are so dead that nothing they do at this point will matter, their way of doing business is gone. also, stock options have been cashed and salaries paid already, those making the decisions would rather just move along to their next calling. just some ideas, i could be way wrong