mortages

Tagged Discussions

Ripple effect of the credit crunch

ronaldinu @ronaldinu (12422) • Malta 11 Nov 08

A friend of mine has contacted me this morning saying that an abroad big company which used to provide them 90% of their work has been declared bankrupt. So her car hire company is heading for bad times. How is the credit crunch...

10 responses •

5 people

It finally SOLD!

ersmommy1 @ersmommy1 (12587) • United States 28 Oct 08

There is this house 2 doors down from us. When it went into foreclosure the selling price was $80,000. Someone bough it and flipped it. The renovations were wonderful. We went in during an open house. All I can say is wow. But it...

5 responses •

2 people

I know people are angry, but come on!

ersmommy1 @ersmommy1 (12587) • United States 2 Oct 08

Unscrupulous homeowners renting out foreclosed homes. Who do they think they are getting even with? Some of these people paid in full and now have to move. Landlord collects rent, then defaults on mortgage. Utilities get turned...

4 responses