Love this little tidbit that was tucked in at the end of the article:
‘Aged’ Foreclosures
by Jim the Realtor | Aug 8, 2017 | Foreclosures/REOs, Jim's Take on the Market, No-Foreclosure as Banking Policy | 3 comments
by Jim the Realtor | Aug 8, 2017 | Foreclosures/REOs, Jim's Take on the Market, No-Foreclosure as Banking Policy | 3 comments
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As good as twitter gets right here: Meet the Chicago-area man behind the hilarious Super 70s Sports Twitter account: 'I poke fun. It's a little profane. But I think it's good-hearted' https://www.chicagotribune.com/sports/ct-spt-super-70s-sports-ricky-cobb-20190223-story.html
I am an active realtor working the street so most of the time the reality is stranger than fiction these days. But you could probably say that it's been like that since the beginning in 2005. Thanks for asking.
@Bubbleinfo Honest question - is your blog a parody? Other than the videos And the name I can’t tell
Extended to end of August now. There will never be a Covid foreclosure: FHFA extends forbearance period to 18 months - HousingWire https://www.housingwire.com/articles/fhfa-extends-forbearance-period-to-18-months/
So that means… people have been living in homes… homes in which they pay no rent, or mortgage payments… since 2008.
And I imagine they’re sitting in their back yard, soaking their feet in their inflatable pool, laughing, while occasionally pausing to light up their Marlboro Mentholated cigarettes with one dollar bills. “You gotta be in it, to win it,” they lecture to their friends. “No risk, no reward,” they say, as they flip their pre-cooked Costco barbecued ribs over on the mini-cooker. The one they acquired after dad died.
Ahhh…the infamous shadow inventory mystery revealed!!
Is that before or after the next crash?