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Originally posted by genius/idoit
I know of two who were foreclosed on and many in foreclosure.But the banks aren't moving forward with any action,they just kind of stopped.
Originally posted by zz0409
I did about a year and half ago. Filed bankruptcy. Had a small business and economy hit us early. I have at least 4 friends who have given their homes back. Some just couldn't handle the new higher interest rates and knowing value had dropped so much. Some had lost job.
Originally posted by marg6043
reply to post by In nothing we trust
Yes you are right, the neighbor that lost his house at the beginning of the recession back in 2007 his house was put for sale, was rented out two times and finally sold in the beginning of the year.
The second one the house has been vacated for the last 8 months.
Originally posted by Sean48
Im wondering if this Foreclosure spiral is a US only event ?
I'm in Canada , and our news , which actually reports news, have never
made mention of this.
I never heard personally of anyone losing their homes.
Originally posted by Dogdish
I am one who has lost their home to foreclosure.