Comments on: Life After Forclosure – Economic Collapse in America – Victorville Ca Part 5

By: UVpirate

UVpirate — Wed, 05 May 2010 02:32:15 +0000

They still want …
They still want outragous property taxes on those empty houses in Detroit. You buy a house for $500 and you pay $3000 in property taxes. Sounds like a bad investment to me.

By: pobaldy66

pobaldy66 — Wed, 05 May 2010 02:32:14 +0000

what’s the program …
what’s the program you did on loan modifications?

By: duncanhunter2008

duncanhunter2008 — Wed, 05 May 2010 02:32:14 +0000

UVPirate bailed it …
UVPirate bailed it – the taxes are devastating, and the neighborhoods are run by warlords.

By: whiskerchild

whiskerchild — Wed, 05 May 2010 02:32:14 +0000

Thank you George …
Thank you George and Sam

By: rayme4raw

rayme4raw — Wed, 05 May 2010 02:32:14 +0000

80% of those houses …
80% of those houses at the Detroit auction had no opening bid of $500.00. Shoot the land alone could be worth that.

By: spoiledbrat1440001

spoiledbrat1440001 — Wed, 05 May 2010 02:32:13 +0000

this is what I am …
this is what I am thinking is down the road for America. Someone else will own all of our country soon. God forbid…

By: john2knj

john2knj — Wed, 05 May 2010 02:32:13 +0000

George, from the …
George, from the look on your face it didn’t seem that you agreed when Sam first said that “walking away is a good thing.”

By: john2knj

john2knj — Wed, 05 May 2010 02:32:13 +0000

About the tax …
About the tax credit, I don’t believe it’s $8k or 10% but rather 10% up to a max of $8k. Unless I’m mistaken.

By: TabbiBmore

TabbiBmore — Wed, 05 May 2010 02:32:13 +0000

I agree completely. …
I agree completely. Where I live, I see town homes going for 300k to 450! The prices were moving down (still unreasonable prices imo), but since the prices are “too low” people are not selling anymore, just renting….. It’s just mind boggling…. like the housing industry took on the fashion slogan, less is more or something….

By: northpal2

northpal2 — Wed, 05 May 2010 02:32:12 +0000

Chinese are …
Chinese are scheduled to take ownership of the west coast.
Detroit will be owned by some other foreign nation.
Prices will go down but property taxes are outrageous, New Jersey $10,000.00 and up.
Cap n trade will add another 5-10 thou taxes on your ass.
State Governments are just as bad as Federal.