if a bank forecloses on a house. the banks owns the house who are they going to sell the house to ?

sell house quick
sounds like a ripple affect. this guys loses his house to the bank is the same guy going to go to a different bank to buy a new home? nope is credit is bad now .who is the banks going to sell the home to? that was so quick to foreclose to ? and why is the government giving money the banks that wont finance to the guy that lost his home from the other bank?

Passive Income

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April 23rd, 2012


2 Responses to “if a bank forecloses on a house. the banks owns the house who are they going to sell the house to ?”

  1. Barry Obama sucks Says:
    September 23rd, 2009 at 12:01 pm

    Someone with money.

  2. ladyshondra Says:
    September 24th, 2009 at 10:03 am

    speculators with money. they will buy up real estate as quick as they can. some may go to actual families but the majority won’t.

    so many bought houses they coun’t afford and due to government interference, loans had to be made. this has made all suffer who own homes and pay their bills.

    it is a mess and people like george soros take advantage of it.