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Unless the notice has an actual date for the sheriff sale/auction (which even then could be postponed if negotiated or what have you), then yes. Average, AVERAGE right now for the whole process to finish from the first missed payment is 9-12 months..on EVERY file.

I don't have that nypost article offhand, but in relation to that there was a law firm started up making a killing in that dept. as many servicers couldn't produce the original documentation, thus throwing the mortgage in question out.

wow. 1 in 9 basically. Soon, it'll be 1 in 8...or even 1 in 7... Funny though the average keeps trickling down. Keep putting them on, even though they may not get as much! Spread the wealth! $133.12/person on average = $33.28/week = $4.75/day Can you feasibly, consistently...

Rule #1 of an investor: "don't get emotionally attached to the home you want to buy." Rule #1 of a homebuyer: "buy the home you LOVE regardless of price.." :D :D

Here's what they got: http://www.youtube.com/watch?v=LlMQJBYh0u8

let's see how long before they start falling behind :D I'm finding more and more "nice" houses on my routes going well delinquent on their mortgages :) Not just the junk, multi-family ones. After about 4+ months of visiting these places, it'll take a while, but they'll be 2010 foreclosure...

well, they've already with stretching payments and modifying some have made 30 year's, 40...why not say you can do 50 or 60?

They could, true, but if you start having a several week min-run where 3-5 banks fail each week...(which hasn't happened yet, as there have been quiet weeks)

so now in a way they're "controlling" the housing market through supply. Green shits again. Hard to curb things though when I see dozens of auctions still scheduled nearly every day in my area.

there goes those $1 draft specials :( :D

Even running the casinos aren't making enough....in the meantime, they've submitted a proposal in Sumner County, KS (??) for management of an (eventually built) casino out there. NEW HAVEN, Conn. (AP) - The chairman of the tribe that runs Foxwoods Resort Casino is warning of "dire financial...

Look at core expenses. -Food (got to eat) -Clothing (got to wear something) -Shelter (have a roof, or live out of a car) -Transportation (public or car) Then decide what is "actual" based upon what you would spend. For many, working $8/hour barely meets that, if at all. I will...

Well...I don't see that this year unless all hell breaks loose over the next few months...but maybe over a 2-3 year span. Only because many now are much bigger then what it used to be. Still these bigger regional banks that do fail even when bought up just make someone else larger when they...

took a little while...but it happened late last night. http://www.nytimes.com/aponline/2009/08/21/us/politics/AP-US-Bank-Closures.html?_r=2 WASHINGTON (AP) -- Regulators on Friday shut down Guaranty Bank, a big Texas-based lender felled by losses on loans to homebuilders and borrowers, in...

Someone gets it. I too would see the same thing...and of course what gets kept a lot? The crap and junk food. No semblance or thought whatsoever. Enjoy because that's your life until something drastic happens to the wic program.

Based on numbers from a couple of companies I see so far, there's some 2-3,000 homeowners behind/delinquent on their mortgage now in my county. Once you get delinquent (60-90 days), for many, it's over...just live for a few more months for free, then time to get foreclosed on. And there...

so how do they foreclose? :D

Apparently that memo wasn't sent out in the beginning...watch out for those car salesman! :D Funny you do mention that; I heard an ad from a local dealer today saying that they are applying the credit on some of their used cars (the 'slightly used' ones). They were also matching in the...

already is, especially with the more popular models sold...production has to be 'ramped up' to meet 'demand' what happened to all the cars on the large lots and barges? :confused:

6th largest failure though. Maybe if a couple of 'Top 5's' go down together...