Or not…
Once again I ask the simplest of questions…
Would you rather have the “deadbeats” in the home maintaining them? Or would you rather have them out on the streets while the home they were tossed out of deteriorates, gets stripped and vandalized?
The reason these homes are vacant is because the banks are either sitting on them until housing prices recover, or maybe there isn’t anyone to buy them…
So if they pushed through all the foreclosure in rapid speed, processing them all in the next six months or so, who is going to buy AND occupy them?
Maybe it will be all those “productive” people we keep hearing about…
What is the end game in the rush to process all the foreclosures?
Nearly 20% of Florida homes are vacant
NEW YORK (CNNMoney) — It’s not always easy to feel sorry for sunny Florida. But they just got hit with another blow.
On Thursday, the Census Bureau revealed that 18% — or 1.6 million — of the Sunshine State’s homes are sitting vacant. That’s a rise of more than 63% over the past 10 years.
Having this amount of oversupply on the market will keep home prices depressed and slow any recovery.
During the housing boom, Florida was among the hottest real estate markets in the nation. Homes were snapped up by the state’s growing population as well as hordes of investors confident that prices would continue to soar.
“You’d drive through downtown Miami and see 30 or 40 cranes sticking up in the air,” said Michael Larson, a housing market analyst for Weiss Research.
The bust brought an end to that. Development ground to a halt. Retirees stopped relocating. And prices started falling and vacancies rising.
“Housing went from being the preeminent investment of choice to toxic waste,” added Richard DeKaser, an economist with the Parthenon Group.
You can check out the rest from CNN here…
That’s one in five homes that are VACANT.
We’re not talking in foreclosure or behind on their mortgage, which is a whole lot more properties, we are talking vacant.
One in five…
How many more vacant homes does Florida need?
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the insurance companies have been also victimized by this fraud. example the collapsed of AIG.
thebanks have buyers but they arent going thru with the sales..anyone know why? people have attempted topurchase a home by my brother and the bank acepted then something happened with the bank not the buyer and he never bought the place. even though theperson tried but the bank didsomething to stop it.
the point isthe Banks have buyersand are letting them sit empty instead
We need another Teddy Roosevelt. Break up the big banks like he did. He did not take any shit from them. What we have here now in America is a MUTINATIONAL BANKING SYSTEM that is running the show here in America. These criminal ARE NOT AMERICANS, they are hiding behind the scenes and have CORRUPTED THE ENTIRE COUNTRY, INCLUDING THE PRESIDENT. This is UNACCETPABLE. WE THE PEOPLE OF THE UNITED STATES OF AMERICA OWE NO ALLEGIANCE TO THE U.N./NEW WORLD ORDER. OUR U.S. CONSTITUTION PROTECTS US FROM TREASON BY OUR OWN GOVERNMENT. I CALL FOR THE PEOPLE TO DEMAND CONGRESS BEGIN IMPEACHMENT PROCEEDINGS AGAINST, He is not working for the people, he is not abiding by our U.S. CONSTITUTION, HE IS A FRAUD. HE IS A U.N./NEW WORLD ORDER PUPPET, THEY BOOUGHT HIM AND THEY OWN HIM. He declared war on Lybia without the permission of the U.S. CONGRESS and did so from ANOTHER COUNTRY, BRAZIL. HE IS CLEARLY ABUSING HIS EXECUTIVE POWER. HE NEEDS TO BE REMOVED FROM OFFICE. HE HAS NO RESPECT FOR OUR U.S. CONSTITUTION, OUR BILL OF RIGHTS, OUR LAWS OR THE AMERICAN PEOPLE. HE IS A TRAITOR.. MILLIONS OF AMERICANS HAVE ALREADY LOST THEIR HOMES AND MANY MORE ARE IN FRAUDCLOSURE OR SOON WILL BE ALL BECA– USE OF A WALL STREET/MULTINATIONAL BANKSTER PONZI SCHEME THAT INTENDED TO DO PERMANENT HARM TO AMERICA. WHERE IS OBAMA? DECLARING WAR WITH OTHER NATIONS FROM BRAZIL AND COMPLETELY IGNORING THE AMERICAN PEOPLE AS WE WATCH OUR CONSTITUTIONAL RIGHTS BE IGNORED AND TRAMPLED ON AS IF THEY NO LONGER EXIST. THAT IS A TRAVESTY AND ONLY A TRAITOR TO AMERICA WOULD LET THAT HAPPEN TO THEIR OWN COUNTRY. TIME TO LET CONGRESS KNOW, OBAMA IS A TRAITOR AND WE WANT HIM OUT.I sent Obama numerous e-mails and phoned the White House numerous times and asked him to please DO SOMETHING FOR THE HOMEOWNERS IN AMERICA WHO ARE CLEARLY GETTING A RAW DEAL. A COUPLE OF E-MAIL RESPONSES BACK TO ME THAT HE WOULD BE SPEAKING ON HIS ECONOMIC POLICY BUT NEVER DID AND NEVER SAID A WORD TO THE PEOPLE ABOUT ALL OF THE MORTGAGE FRAUD THAT IS DESTROYING AMERICA AND SHATTERING SO MANY LIVES. OBAMA IS NO AMERICAN. MORE AND MORE HE LOOKS LIKE AN IMPOSTER. CONGRESS MUST IMPEACH HIM. HE IS A LIAR.
@acmodspecialists: This should be the new business model of every sovereign nation. The business model of North Dakota is the only business model in the country that is not failing but is prospering. We The People need to ask ourselves a very important question:” Do we want to be a country of slaves working on the revived roman empire’s plantation?” That is what they want, that is there endgame. We The People must form a nationwide movement for a non-debt based currency and call CONgress out on this. This is what We The People demand. Hiding behind the scenes of this manufactured financial/fraudclosuregate crisis are very wealthy, evil tyrants who want to own and control every nation by enslaving it with debt. Time to let the big banks fail, then the EMPIRE WILL FALL. The banksters have been the robber barons all throughout history but hiding behind that, now there you will find the EVIL EMPIRE, The modern day Emerald City. the wizard who is hiding behind the curtain, the SMOM/VATICAN/UN/NEW WORLD ORDER/REVIVED ROMAN EMPIRE . They own and control our President and CONgress as Dick Durbin said, quite frankly the banks own the place. Many do not know that Obama’s mother was Jewish and the Jewish banksters of Chicago helped get him elected and then the SMOM/VATICAN/JESUIT owned banking proxy, Goldman Saks was one of Obama’s biggest campaign contributers. Rahm Emmanuel’s brother Ari is a big wheel in Hollywood and also funded Obama. He got elected by the U.N./NWO and the Banksters. He is bought and owned by the evil empire and ALL of it’s cohorts. They have nearly CORRUPTED THE WHOLE COUNTRY. I believe it was Thomas Jefferson who said that when a President can declare war all by himself the people will then find themselves living in a tyranny. This documentary needs to be spread far and wide. This documentary should be an integral part of the curriculum in every High School in the AMERICA and questioned on in final exams. The lies and the cover-ups must stop. The truth will set the nations and the people free. Knowledge is power. TELL CONGRESS, WE THE PEOPLE NO LONGER WILL TOLERATE A DEBT BASED CURRENCY OR WE WILL TOSS THEM ALL OUT ON THEIR EARS!! WE OWE NO ALLEGIANCE TO THE U.N./NEW WORLD ORDER. WE DEMAND OUR NATIONAL SOVERIEGNTY FROM THEM AND THEIR MONEY PRINTING DEBT MACHINE, THE FEDERAL RESERVE BANK!!! GOD BLESS AMERICA.
I can’t say it any better than that. You said it right from the heart.
I vent….I must say….you are a person with great knowledge and speak the truth…all what you say should be passed on to others… it should be spread across America. You speak straight forward with the truth and I respect you for that. I, too, know alot of past history, be it good or bad….so I can follow what you are saying and where you are going. In my 73 years on this earth…this is the worse time for America….this past decade the worse….corruption reeks throughout our government….throughout all financial industry…and pharmaceutical industry. TRUST is now just a word in the dictionary. The White House needs a good cleaning out….if one can study those chosen by Obama to fill positions and their connections…one will see the ‘ set up ‘. GOD BLESS AMERICA
If Obama is American..he is a traitor…one who betrays one’s country…to deceive…he has not spoken the truth….in fact he has not spoken one time to this country about the massive crimes/fraud committed by the financial industry…….yet he keeps going on trips ignoring the massive foreclosure frauds….the ruins of America. What can one say but that he is ignoring this country to the hilt. He has failed on his oath as President. This has got to stop…. WAKE UP AMERICA ….. OBAMA IS WORKING FOR THE NEW WORLD ORDER…NOT AMERICA. HE SPEAKS OF IT OPENLY. THAT IS WHY WE ARE BEING TAKEN DOWN TO RUINS….
We The People must demand the Imposter Obama be impeached as soon as he returns back from his visit in Brazil with the U.N/NEW WORLD ORDER. He is putting America UNDER. CONGRESS KNOWS THIS. Our U.S. Constitution OVERRULES THE U.N./NEW WORLD ORDER. OBAMA IS COMMITTING REASON RIGHT IN FRONT OF OUR FACES. THROW THE IMPOSTER OUT. HE IS NOT AN AMERICAN. HE HAS NO LOVE OR RESPECT FOR THE UNITED STATES OF AMERICA, OUR U.S. CONSTITUTION, OUR BILL OF RIGHTS OR WE THE PEOPLE. THE U.N./NEW WORLD ORDER OWNS HIM. HE DOES NOT WORK FOR THE PEOPLE OF AMERICA. In his Presidential address in January he did not even call OUR COUNTRY THE UNITED STATES OF AMERICA, HE REFERRED TO US AS JUST THESE UNITED STATES AND SAID WE ARE ALL LIVING IN A NEW WORLD. BULLSHIT, HE IS A CRIMINAL, A TREASONIST AND A LIAR. WE OWE NO ALLEGIANCE TO THE U.N./NEW WORLD ORDER, AND WE NEVER WILL. GOD BLESS AMERICA.
I am with you… break them up ..there is no too big too fail
There are alot of homeowners who have lost their homes due to the greed of the banks that are not foreclosing on them. The bank are the one who have caused the economic downturn as the have done since the Great Depression. The economy would have improved dramatically if the banks had modified the loans rather than foreclose and drive the prices down. Moreover, these national banks and federal savings associations, being federal instrumentalities violate the 5th amendment every time they foreclose using non judicial foreclosures.
correct..the banks did not modify the loans!! they took the money for it from the government and kept it, then turn around andcollected a big insurance policy.what I would like toknow is what did the insurance companies receive to allow them to make fake insurance claims?
With all of the fraud from the origination to today, these judges should not be fraudclosing on any ones home. All of the loans should be rescinded immediately because of all of the rampant mortgage fraud that has been perpetrated on the American people. They set us up to fail, and it was intentional and intended to do permanent harm to the American people. When the economy collapsed that was intended so we would be broke and defenseless to fight our fraudclosures and then they could steal our homes with impunity. If you knew your lender was going to put you on ship that was guaranteed to sink, would you have gotten on that ship? No one knew they were signing a contract to get on the TITANIC OF MORTGAGE FRAUD. How did we know that they were bundling up good loans with bad loans and THEY KNEW WE WERE ALL GOING DOWN? The proof of the fact that they knew we were going down was the CREDIT DEFAULT SWAP INSURANCE. THEY KNEW EXACTLY WHAT THEY WERE DOING AND THAT IS A CRIME. RESCIND OUR LOANS, YOU INTENTIONALLY DEFRAUDED THE AMERICAN PEOPLE!
main reason they allowed the houses to be vacant is that the purpose of foreclosing is to get paid by loan servicer or Fannie Mae, Freddie Mac as quickly as possible. the debt collectors and foreclosure mills attorneys are getting paid for the worked done quickly by filing fabricated documents. $ 1200.00 per foreclosure is a good business for debt collectors and foreclosure mills. mission accomplished.
greedy B. ..everyone was making money off the families of America then kicked them in the streets after they raped and robbed everywhere they could. Hanging woukld be togood 4 them
They’d like to just burn them all down, but people would probably notice.
If they could get other banks to insure them first, then it’d be win, win, win!