Foreclosed Homes Trashed
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Millions of homes have been foreclosed within the past 3 years. Thats why i have dedicated my time to produce a system that can help the people who have been laid off and are without jobs. Make $20+ an hour promoting companies like Walmart ect. Plus i will guide you every step of the way and i pay you DAILY!
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@CoinsFreedom I applaud you for keeping your head above water, you are a role model and someone who (I'm sure) sees the light at the end of the tunnel, it WILL get better and I'm SURE you will soon gain equity....best of luck to you
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@billwho62 You're right, this started before Obama was president.
With that being said, I must also make clear that Obama is fairly skilled in campaigning but hasn't shown a lick of ability in running a country.
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By the way, if you own a home and you're depressed with current values ...relax knowing that prices can't drop below the cost to replace your home. Building materials and labor will increase with inflation, taxes will also need to increase as local, state, and federal governments become more desperate.
All things considered, real estate prices will have to go up again ...and despite a dwindled number of people affording a house in which to live.
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There's no law against doing this to your own home. If they make a law and jail these owners that do it ...they would only bring trashing your home up to celebrity status and everyone will begin doing it.
If the homeowner doesn't trash the place, in time teens will vandalize it, or resource thieves will strip it down and make money at the reycling yards.
If the homeowner actually did this, probably knowing this will end up happening anyway.
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Not everyone lost their life savings, Many folks (not all) got 100% financing and did not put any money from savings, they got in with just the cost of closing costs & then took out a home equity line of credit with the increase in equity and used those funds to furnish, improve the home and vacation. It was the bank that took the hit in the shorts along with stock holders anyone who has a 401k,SEPS, IRAS & pensions- those investments are normally invested into mortgage back securities.
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My opinion.. the government has screwed us all... when the SHTF and no one has income. they have bankrupted the country ND need to just give people their homes.. Especially seniors, who are owed until death their SSI.. You don't pay us what we put in.. then you can't have our homes!
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thats one way to deal with the overwhelming prices some of these houses are getting, this whole system makes me sick, im not going to work my only life into the ground to own something that will only depreciate in value, and pay obscene taxes on top of it. move all your money to a co-op bank, and let the big banks die or transform into something people actually need, I feel like a pawn in a game of chess that neither player cares about winning.
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@billwho62 you sound like a real red neck that can't think for himself
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Hey CBS, instead of blaming homeowners for trashing homes, how about blaming the banks for giving loans to people whom they knew could not pay them back, and having the government bailout the 5 big banks, while letting over 200 + small banks fail in this country, While knowing to profit by raising home mortgage rates overtime until the bubble burst (Knowing it would(Fed,Treasury) blame the banks not the homeowners!
Thumbs up for that North2016 they blame all on Obama but BUSH started this.
RonPauL4America2012 5 months ago 11
@ANGRYEYEBROWS That's right..who was supposed to know they would lose 40% of their life savings (equity) when the banksters trashed the market. I am still paying my underwater mortgage but it is like throwing money in a garbage pail just so I can pay the taxes and be a maintenance man! Yippee...the american dream is dead.
CoinsFreedom 6 months ago 7