Foreclosure Karma.

[NewToCA]

Originally Posted by Fighter 1

Now if you look at it from the bright side ! How many young people could purchase a home 1 yr ago. (you know those cheap homes priced at $350,000. not many). Now they can be bought for as little as $100,000. Who says things are not looking up?

I have no problem at all with the greater ease of home ownership, none whatsoever.

However, I have a major problem with folks staying in homes and not making their payments, but not evicted due to a technicality. The home should be either vacant or rented out by the bank.

[Rakin]

Originally Posted by Fighter 1

Now if you look at it from the bright side ! How many young people could purchase a home 1 yr ago. (you know those cheap homes priced at $350,000. not many). Now they can be bought for as little as $100,000. Who says things are not looking up?

As soon as improvements are made and they get the property taxes on a home they can't afford they will be the 2nd set of people to be in foreclosure on the home.