I was looking at http://www.foreclosureradar.com/ today. It shows all the foreclosures in California. Approximately 40% of the foreclosed homes in my area are bank owned and unoccupied.
I think we are going to see squatters coming into these places and set up home. All they have to do is set up utilities and start living there. Then, it becomes a really big legal effort to get folks out of the home.
Is there a new business in checking foreclosed homes for squatters before they move in?
Sunday, January 27, 2008
Subscribe to:
Post Comments (Atom)
1 comments:
In this market of manipulation as demand goes down and inflation rises gas will go higher, the opposite of basic econ 101. Strane that the prices of seed have not gone up but food has.
I heard that without the Bush tax cuts the 7 trillion dollar deficit would be zero.
While evryone is focuse on gold palladium the sister to platinum is a sleeper. Rhodium was $650 in 2004 it is trading at $7020.
"order out of chaos"
Post a Comment