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I don’t see anything coming up for auction. No active courthouse steps sales, reo from banks are empty. How do you find deals if there’s no short sales or forclosure options?
There are moratoriums on most foreclosures nationwide right now, so they can't foreclose. The moratoriums end Dec 31, unless of course they are extended. I do expect the new administration will extend in order to artificially keep the market propped up.
Banks will try loan modifications and such before they go down the path of mass foreclosures. The great recession isn't long enough in the past and there would be legislation for loan modifications due to the pandemic, just like they forced them in the great recession.
That’s complete BS. Yeah they will since they are running on the “everything is free” platform.
Still bitter since you sat out buying a home during Covid lock down and hoping the masses will get foreclosed out of homes due to no fault of their own?
I remember your two other threads predicting doom and gloom. Guess what, the government / society is not going to let 1/3 of Americans / home owners be tossed out onto the street through a natural disaster which is no fault of their own.
You can wish / pray for a real estate melt down...it ain't going to happen.
If society were to collapse due to 1/3 of Americans being foreclosed on / evicted, we've got far bigger issues to deal with than real estate prices.
You missed the boat with your "doom / gloom" thinking and now you have to suck it up and wait until you can afford a house again.
^ seems you like better reading comprehension. He is not houseless. He just wants real estate to crash again like 2009 so he can buy houses for cheap. /not nice
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