| Author | Message | ||
     Dosakaaya Side Hero Username: Dosakaaya Post Number: 5733 Registered: 02-2010 Posted From: 151.191.175.208 Rating: N/A |
instead of paying the property tax better to trash them if no one going to buy it. I am doing the same with my old car, I got a bill saying that I have to pay about 120 bucks property tax. just now called make a wish foundation and this weekend that will be gone | ||
| Tenali_rk Side Hero Username: Tenali_rk Post Number: 5267 Registered: 05-2008 Posted From: 96.255.7.218 Rating: N/A |
Banks have a new remedy to America's ailing housing market: Bulldozers. There are nearly 1.7 million homes in the U.S. in some state of foreclosure. Banks already own some of these homes and will soon have repossessed many more. Many housing economists worry that near constant stream of home sales from banks could keep housing prices down for years to come. But what if some of those homes never hit the market. Increasingly, it appears banks are turning to demolition teams instead of realtors to rid them of their least valuable repossessed homes. Last month, Bank of America announced plans to demolish 100 foreclosed homes in the Cleveland area. The land is then going to be donated back to the local government authorities. BofA says the recent donations in Cleveland are part of a larger plan to rid itself of its least saleable properties, many of which, according to a company spokesperson, are worth less than $10,000. BofA has already donated 100 homes in Detroit and 150 in Chicago, and may add as many as nine more cities by the end of the year. http://news.yahoo.com/bulldoze-way-foreclose-102000063.html Whenever you find yourself on the side of the majority, it is time to pause and reflect- Mark Twain |
