How are Banksters doing lately with all that Frozen Assets in RealEstate?
March 9th, 2010 | by admin |Local and State and Federal tax plus lawn care and maintanance must be taking its toll. The cold weather makes it harder to take care of abandon property in particular since the pipes can break if left unchecked.
They are sitting on them until the market really improve. See what happened to Silverado S&L back in the 1990’s. In the late 90’s, the assets were sold for a huge profit.
DTG
3 Responses to “How are Banksters doing lately with all that Frozen Assets in RealEstate?”
By sound_of_the_silenced2 on Mar 9, 2010 | Reply
That guy that took his house out with a bulldozer last week had the right idea.
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By Baron on Mar 9, 2010 | Reply
As far as I know the BANKS are getting bail out moneys and do not really care if the property’s go to hell or not and the BANKS are in no hurry to discount such said property’s ,cause they get paid to do nothing..bail out moneys…..Bankateers have not changed sense the initial fall of wall street they are still criminals…baron
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By David_the_Great on Mar 9, 2010 | Reply
They are sitting on them until the market really improve. See what happened to Silverado S&L back in the 1990’s. In the late 90’s, the assets were sold for a huge profit.
DTG
References :
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