"Over 500 houses are seized every day in California. The subprime crisis enhances the real estate speculators. A charge for them to evict the former owners. "
In California, since the beginning of the year, more than 500 houses are seized every day. In total, 3.6% of all properties are purchased on credit defaults, and entry procedures have been launched for two thirds of elles.Pour be aware in advance of all the bargains , speculators subscribe to specialized websites, which have become their main working tool. One of the most famous Foreclosureradar.com (Radar seizures ") was created by Sean O'Toole, a scientist who won a lot of money on the Internet before retraining in real estate. Today, Mr. O'Toole, quarantine thin and nervous, lives in Discovery Bay, a marina nestled in a delta leading to the bay of San Francisco. Apart from him, a subdivision of 550 homes, completed in 2007, already has 77 homeowners in default. "
Source: Le Monde, The scavengers of the crisis of "subprime"
We go out of our archives, this excellent article - the date - which denounces seizures and evictions, and denounced speculators. I suggest you read them after reading the two articles on the sad prévisons U.S., and millions of evictions should still be made by banks.
A year later, speculators are caught in this enrenage enfernal because prices have fallen much, and even Brada, they need not to resell their property acquired in 2008, so many new properties before arriving non-stop on the market.
In California, since the beginning of the year, more than 500 houses are seized every day. In total, 3.6% of all properties are purchased on credit defaults, and entry procedures have been launched for two thirds of elles.Pour be aware in advance of all the bargains , speculators subscribe to specialized websites, which have become their main working tool. One of the most famous Foreclosureradar.com (Radar seizures ") was created by Sean O'Toole, a scientist who won a lot of money on the Internet before retraining in real estate. Today, Mr. O'Toole, quarantine thin and nervous, lives in Discovery Bay, a marina nestled in a delta leading to the bay of San Francisco. Apart from him, a subdivision of 550 homes, completed in 2007, already has 77 homeowners in default. "
Source: Le Monde, The scavengers of the crisis of "subprime"
We go out of our archives, this excellent article - the date - which denounces seizures and evictions, and denounced speculators. I suggest you read them after reading the two articles on the sad prévisons U.S., and millions of evictions should still be made by banks.
A year later, speculators are caught in this enrenage enfernal because prices have fallen much, and even Brada, they need not to resell their property acquired in 2008, so many new properties before arriving non-stop on the market.
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