Jim TV the problem w/short sales
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It can take forever and a day and two weeks beyond that in the U.S. and some people are buying a second home with the money not paid on the first one.
The house is underwater and on the market but because their credit is still good they are buying a different house sometimes bigger and for less money.
They are even going out and buying new cars,furniture and everything else they might need for a long haul with no more credit in sight..
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A) getting a tax deed (paying someone's delinquent taxes to get a deed to go for foreclosure) takes 3 consecutive years in FL... three years.
B) the foreclosure process is slow as hell... When Jim says free rent, he means it. They could be in there for a year or more. Atleast in FL they sure are.
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The city govt. will not get their taxes paid; that's when something will be done.
2 years ago 3
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How long can it take to evict the family from the house?
Yes, it's a bit cold. But what do you expect when you don't pay the bills?
2 years ago 2
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Walking around, outside the house while some one is home is a little risky isn't it?
These are crazy times Jim...take care
yknaught1 2 years ago 6
Can't say I feel sorry for them. They lost on their housing gamble, the bank eats the loss, and they get to live rent-free while slowing the process down and making life miserable for everyone else involved. Deadbeats.
stinkypoon 2 years ago 5