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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: / Author of the message: "Steve Horrillo" |
Title of the message: |
Re: How do I short real estate before the bubble pops?
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Text of the message: |
On 1-Sep-2005, "Adam Russell" <adamrussell@sbcglobal.net.invalid> wrote: > > By law, and for very good reasons, they are not allowed to keep > > foreclosed properties, so they have to sell them. I suspect this law > > will be changed, though, to allow banks to become major landowners > > through mortgage foreclosures. > > I think his point is that the bank can make no profit on a "worthless > house" > as was described by the person responded to. It was sarcasm. I guess many actually believe banks loan and loose "money" on houses. Banks CREATE accounts to finace homes then collect "money" from you. If you default they obtain an asset. If you don't default they get your hard earned "money." Can you spell r-a-c-k-e-t-e-e-r-i-n-g-i-n-g? -- Warmest regards, Steve Horrillo, Realtor / C.Ht. =^..^= http://BrokerAgentTraining.com http://over100percent.com http://HipFSBO.com http://eLOWn.com . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.
Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.