Do you know anyone who has been foreclosed on? - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

MikeWaters · 09-29-2008, 09:28 PM

If so, state what part of the country.

I don't know a single person that has been foreclosed upon. Maybe if I still went to Ward Council and Bishopric, I would know.

TripletDaddy · 09-29-2008, 09:30 PM

I dont.

But most of the SoCal repo action is in the IE. Or down San Diego way.

il Padrino Ute · 09-29-2008, 09:30 PM

I don't know anyone that has had that happen.

Archaea · 09-29-2008, 09:33 PM

I know many. 20 to 30 percent of existing inventory is REO.

Runner Coug · 09-29-2008, 10:16 PM

I don't know anyone personally, but I also live in an area where people I know live within their means.

But I could probably drive past 100-200 houses that I've appraised in the past 2-3 years and see that they are now vacant. I did 3 REO appraisals in the same subdivision the other day, close enough to each other that I just walked. Looking at the transfer histories, some were taken back within 2 months of closing. These subdivisions are going to take years to stabilize. It's a hell of a mess.

cougjunkie · 09-29-2008, 10:17 PM

yes. I know several people including my neighbors that share a back fence.

SeattleUte · 09-29-2008, 10:19 PM

Quote:

Originally Posted by cougjunkie

yes. I know several people including my neighbors that share a back fence.

"Share a back fence"? Is that street jargon for a foreclosure?

landpoke · 09-29-2008, 11:17 PM

Quote:

Originally Posted by SeattleUte

"Share a back fence"? Is that street jargon for a foreclosure?

Around here that's a euphemism for anal sex. I don't know if the same holds true for Utah.

YOhio · 09-29-2008, 11:35 PM

I purchased a foreclosed house and we still occasionally get the guys' mail. My neighbors said that one night around 10 p.m. a Ryder truck pulled up and he was gone the next day.

TripletDaddy · 09-29-2008, 11:41 PM

Quote:

Originally Posted by YOhio

I purchased a foreclosed house and we still occasionally get the guys' mail. My neighbors said that one night around 10 p.m. a Ryder truck pulled up and he was gone the next day.

Sounds dangerous. I dont think I will be crashing at your place next Sep when SC plays OSU.

09-29-2008, 09:28 PM	#1
MikeWaters Demiurge Join Date: Aug 2005 Posts: 36,365	Do you know anyone who has been foreclosed on? If so, state what part of the country. I don't know a single person that has been foreclosed upon. Maybe if I still went to Ward Council and Bishopric, I would know.

09-29-2008, 09:30 PM	#2
TripletDaddy Senior Member Join Date: Oct 2007 Location: Orange County, CA Posts: 9,483	I dont. But most of the SoCal repo action is in the IE. Or down San Diego way. __________________ Fitter. Happier. More Productive. "Everyone is against me. Everyone is fawning for 3D's attention and defending him." -- SeattleUte

09-29-2008, 09:30 PM	#3
il Padrino Ute Board Pinhead Join Date: Jan 2006 Location: In the basement of my house, Murray, Utah. Posts: 15,941	I don't know anyone that has had that happen. __________________ "The beauty of baseball is not having to explain it." - Chuck Shriver "This is now the joke that stupid people laugh at." - Christopher Hitchens on IQ jokes about GWB.

09-29-2008, 09:33 PM	#4
Archaea Assistant to the Regional Manager Join Date: Aug 2005 Location: The Orgasmatron Posts: 24,338	I know many. 20 to 30 percent of existing inventory is REO. __________________ Ἓν οἶδα ὅτι οὐδὲν οἶδα

09-29-2008, 10:17 PM	#6
cougjunkie Senior Member Join Date: Jan 2006 Location: Utah Posts: 5,741	yes. I know several people including my neighbors that share a back fence. __________________ LINCECUM!

09-29-2008, 10:16 PM	#5
Runner Coug Senior Member Join Date: Mar 2006 Posts: 945	I don't know anyone personally, but I also live in an area where people I know live within their means. But I could probably drive past 100-200 houses that I've appraised in the past 2-3 years and see that they are now vacant. I did 3 REO appraisals in the same subdivision the other day, close enough to each other that I just walked. Looking at the transfer histories, some were taken back within 2 months of closing. These subdivisions are going to take years to stabilize. It's a hell of a mess.

09-29-2008, 11:35 PM	#9
YOhio AKA SeattleNewt Join Date: Jan 2006 Posts: 7,055	I purchased a foreclosed house and we still occasionally get the guys' mail. My neighbors said that one night around 10 p.m. a Ryder truck pulled up and he was gone the next day.