SHOVEL READY JOBS ARE HERE – US TO SELL FORECLOSURED HOMES IN BULK TO WHOM?
by admin on Sunday, January 29th, 2012 | 18 Comments
WON’T BE AMERICANS www.cnbc.com HAD TO SEE THIS TO BELIEVE IT. OH YES OUR FRIENDS WHO PAY NO TAXES AT GE CAPITOL ARE GOING TO BE THE CONTRACTOR OF CHOICE = ARE THESE THE SHOVEL READY JOBS?
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Invest in beer !
Support the occupy groups, let them repossess the american dream for themselves, I’d rather have a poor american as a neighbor , as I would some russian expatriot. To hell with this sorry government.
Actually this was all over the news when I was in Florida at the beginning of Nov 2011, there are so many homes in foreclosure the only market that can buy them is institutional investors.
6 million foreclosures and it’s estimated that in the next 3 years that number could hit 11 million homes in the US are going to be in the foreclosure market….
@1962Fiore The constitution is a documented contract. Did you sign that constitution? If not then that constitution doesnt apply to you. Now I dont like what is happening here but im becoming worried that more and more people dont understand that the constitution never applied to them. They’ve only had the illusion that it did. You dont and never had constitutional rights. Rights dont come from a piece of paper that most never read in the first place. We need to see whats REALLY happening here.
Impeach this enemy of our constitution, plain and simple. He is our countries cancer.
Did you ever hear about the buy a house get a visa program? Now its even easier for the border jumpers.
@goscott4 AMEN!
@jimbobubbadj True, but all these million dollar investments are here for the pickings. Its easy to qualify for these, there are everywhere.
@charlesfuchs You probably won’t qualify to buy these properties. Its usually the big investors like Soros and company that do. After they buy they will sell to you at a much higher price than what they got it for. I wish that I could remember the article that this was about.
@goscott4 right on the money!
Thanks for all you do man……
REV 18
More lies by Obama. Obama’s going to sell million of dollars in prime real estate for pennies on the dollar and say he’s helping the little guy.
more repackaged items to be sold as derivitives leveraged 1000 to 1 im sure
Holy shit, this is great news, well for me! Hope we can pick up all these properties at pennies on the dollar. Mannnnn so many great opportunities right now!
We need to close the White house for business until it is under new management. The comedy of errors coming out of that place is going to send the good ole US of A down in a flaming tail spin. It don’t even have to retract anything, simply just stop generating anymore nation destruction. Somebody please tell them to just stop it already.
I heard this from a real estate broker a couple weeks ago. GE is involved in refurbing the rental units. See – campaign contributions do pay off. I believe blocks of like 300-400 homes and uncle sam will finance the loans and any refurbs needed.
This is crazy. What investor would want the financial headache to repair and maintain a foreclosed property? Sounds like another gov’t intervention failure.