SINCE JULY 2006 IF YOU PURCHASED A HOME AT THAT TIME YOUR HOME IS MORE THAN LIKELY WORTH 1/2 OF IT'S VALUE AT THAT TIME OF PURCHASE!!

ISN'T THIS AMAZING???!!! AND AWFUL!!!

THEN YOU SEE ALL THESE BANK OWNED HOMES EMPTY WHEN THE BANK COULD OF MADE ARRANGMENTS WITH THE HOMEOWNER. SOMETHING RECEIVED IS BETTER THAN HAVING THE HOME VACANT AND NOT SELLING.  A FAMILY  LOST THEIR HOME OVER 8 MONTHS AGO AND THE HOME STILL IS VACANT. THE BANK IN MY OPINION WAS A MORON FOR NOT WORKING SOMETHING OUT WITH THEM. NOW THEY GET ZERO INCOME FROM THE PROPERTY. AND THE BANK CAN'T GET RID OF THE HOUSE BECAUSE THE VALUE HAS DROPPED SO MUCH.

WHO WINS???