123Notary

Notary Blog – Signing Tips, Marketing Tips, General Notary Advice – 123notary.com Control Panel

March 21, 2021

With shutdowns galore, will there be a boom in Foreclosures?

Filed under: General Stories — admin @ 12:08 am

The economy has been traumatized in much of America, particularly Democrat run areas where it is much worse. Keeping people out of business is a democratic strategy as it is somehow good for the people. I’m not sure how it is good for the common people, but I will take their word for it. Or perhaps they work for the elites and the hyper-educated who are more than happy to watch the common man starve.

In any case, there will be a huge boom in foreclosures when the courts open up for this type of case. If you have never done one, or never done a Deed in Lieu, it might be time to learn.

The housing market has gone down a little, but for some reason still has not crashed. If it does crash badly I might purchase something, somewhere, somehow. Not sure how!

Share
>

5 Comments »

  1. The economy will crash. Inevitable. Dems are printing and spending too much money. Inflation’s coming.
    Deeds in Lieu? You betcha. I remember every detail as I once had to sign for myself. Ouch. I suggest the foreclosure market in Florida may help the industry. Those under water may be able to market direct for resale. Even if the appraisals come in low, I would not doubt those fleeing poorly governed cities and states will be willing to cough up the extra cash.
    There are literally no re-sales on the market under $400,000 in my rural area.
    Developers have the bulldozers out and are stripping the land to put in cement and wood boxes. Way too fast for many.

    Comment by Mary — March 31, 2021 @ 6:31 pm

  2. DILss are slowly picking-up. Hzve done four this past month.

    Comment by Robert Ruston — March 31, 2021 @ 10:37 pm

  3. Great article

    Comment by Jackie Brown — November 26, 2021 @ 4:20 pm

  4. I have been a mortgage field inspector for the past 16 yrs. During the foreclosure moratorium, the houses that were already in pre-foreclosure and foreclosure were put on hold. Those properties were not able to do a Deed on Lieu of foreclosure, or a loan mod. Those are the properties that are now back being inspected. I have not received any new properties since the moratorium has been lifted. DS News is a factual webpage with information regarding the housing market and foreclosure market.

    Comment by Pamela Jo Montez — November 26, 2021 @ 4:58 pm

  5. Great article. Thank you.

    Comment by Shamina — November 28, 2021 @ 6:50 am

RSS feed for comments on this post. TrackBack URL

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *