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Banks forcing appraisals and foreclosing on difference
10-27-2012, 08:21 PM #1
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
I was wondering when this would start coffeetime.gif

Latest tactic of banks is to force a borrower to have an appraisal done and if the property value is less than loan amount to collect the difference or foreclose. So if you owe $100k on your house and the house is now worth $50k, you either pay the bank $50k within 30 days or lose it.

http://sherriequestioningall.blogspot.co...issed.html

Truly a desperation move by the banks and entirely the result of the housing bubble Bernanke inflated.

Debt is slavery
10-27-2012, 08:29 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
The final wealth grab before the fall? 13.gif Check this out: http://kritterbox.com/showthread.php?tid=9858
A long shot, but just maybe karma is just about to catch up.

wonder.gif
10-27-2012, 08:37 PM #3
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
May be JR coffeetime.gif tangibles being the last refuge. Gold, real estate, water, food. Those digital dollars are soooo easy to inflate lol.
10-27-2012, 08:41 PM #4
Octo Mother Superior
Posts:42,601 Threads:1,469 Joined:Feb 2011
İmage
Anonymous Kritter Show this Post
10-27-2012, 08:46 PM #5
Anonymous Kritter Incognito Anonymous
 



agenda 21 in actioncoffeetime.gif
10-27-2012, 09:21 PM #6
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
I'd say it's more of a situation where it's cheaper to tear down and rebuild than to remedy what's existing, like mold problems etc. Worked in civil engineering for years this happens every day. A few demo videos are meaningless without context.
Sad to see places that people called home torn apart, but I'm sure they are in the system and displaced by now. coffeetime.gif

wonder.gif
10-27-2012, 09:22 PM #7
Octo Mother Superior
Posts:42,601 Threads:1,469 Joined:Feb 2011
Doesn't mean agenda 21 isn't alive and well though coffeetime.gif
10-27-2012, 09:26 PM #8
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
iagree.gif No, that was not my point at all. A few random demo vids with no story behind the demo can't prove anything, but official policy says it all.

wonder.gif
10-28-2012, 07:19 AM #9
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
Truly, the love of fiat is the root of all evil.

Biere.
10-28-2012, 08:10 AM #10
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
Netherlands’ Citizens Group Demands Central Bank Reveal Location of Country’s Gold Reserves

http://www.silverdoctors.com/netherlands...-reserves/

chuckle.gif
10-28-2012, 08:11 AM #11
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
What Gold Reserves? Nobody has enough to cover all the fiat out there.

Biere.
10-28-2012, 08:16 AM #12
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
All the gold the banks re-hypothecated and re re re re rehypothecated lol. China's got it. And India. Now people are beginning to finally understand what banks are all about lol.gif
10-28-2012, 08:22 AM #13
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
Federal Reserve is nothing, without the might of the US Armed Forces.

Biere.
10-28-2012, 08:35 AM #14
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(10-28-2012, 08:22 AM)yankees Wrote:  Federal Reserve is nothing, without the might of the US Armed Forces.


Bingo. next step, gold confiscation.
10-28-2012, 08:37 AM #15
yankees skier
Posts:5,898 Threads:215 Joined:Feb 2011
(10-28-2012, 08:35 AM)Shadow Wrote:  
(10-28-2012, 08:22 AM)yankees Wrote:  Federal Reserve is nothing, without the might of the US Armed Forces.


Bingo. next step, gold confiscation.


I don't have any. Just biere. I will drink all the evidence. coffeetime.gif

Biere.



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