Comments on: Modern Day Ghost Towns of Abandoned Real Estate

By: Rodolfo

Rodolfo — Sun, 07 Mar 2010 16:32:39 +0000

Nice polst. http://www.mint.com is the shit.

By: Summit County Real Estate

Summit County Real Estate — Mon, 15 Feb 2010 18:18:25 +0000

It looks like my market is starting to make a come-back. Property taxes here are low and rental income is good. It seems that the markets around the country which have suffered the most in this recession are those with the highest tax rates. Lets hope that 2010 is a good year for everyone!

By: Alonso

Alonso — Thu, 04 Feb 2010 18:09:18 +0000

I think Detroit is the saddest of all these devalued real estate markets. My heart goes out to the families still there.

By: Pula Property Master

Pula Property Master — Sat, 16 Jan 2010 10:16:40 +0000

Now, it is definitely time for start buying properties slowly because the property prices must come back not as high as it was before but the value will increase in the next period. It takes time now for banks to clear properties in their portfolio.

By: Godozo

Godozo — Sat, 19 Dec 2009 03:52:22 +0000

doremi:

Last I heard, Bush wasn’t exactly a leading light in Acorn. And if I remember right, it was he and other Republicans who pushed the banks into making the loans. This happened during Bush’s watch.

By: real estate shelton

real estate shelton — Thu, 24 Sep 2009 03:52:11 +0000

My clients are shocked when we first look at homes here in Vegas. Then they get used to it after the 3rd foreclosure.
We see ceiling fans and light fixtures missing, kitchen cabinets and countertops missing, sometimes the whole kitchen missing, toilets missing, and even stair rails missing!

By: doremi

doremi — Thu, 17 Sep 2009 20:11:52 +0000

I disagree – It was the government that made it legal for banks to give loans to people that didn’t/shouldn’t qualify. One word – Acorn.

1 like

By: Iman Yusef-Yahya

Iman Yusef-Yahya — Fri, 11 Sep 2009 23:35:43 +0000

In the state of PA where I live, legislation is being implemented to deal with blighted properties. The Act allows a municipality to initiate an action against an owner of “blighted property” and for the attachment of liens after judgment.

Also, the Act places the onus of dealing with blighted properties onto mortgage lenders once the property has been foreclosed upon, unless the lender properly assigns the property within the limitations of the Act. All I can say is, “Thank God!”

By: Mateu

Mateu — Sat, 29 Aug 2009 03:13:11 +0000

Unfortunately the banks were forced by Our illustrious legislators to offer marginal loans. The banks are not Completely to blame

By: Ray

Ray — Tue, 11 Aug 2009 17:38:26 +0000

I’m sure that across the country there are thousands of people like myself. We have the skills, but, we are denied the opportunity to buy some of these unfinished properties and complete them ourselves. Not for a profit but for a primary residence. They say it has to do with contractor liabilities. I’m sure that a simple contract could spell out the contractor liability liimitations quite clearly. As always it has to do with M O N E Y. The profiteers just can’t make themselves take a good look and realize it is them that got us here. They want to reap a profit from a taxpayer bail out of their poor judgement. The culture of greed lives on while the number of homeless Americans goes up. What is wrong with these people?