Friday, July 9, 2010

Mesa AZ may focus on abandoned homes = in a city that saw nearly 1,000 foreclosures in May

[mEDITate-OR:
ask Plato whatever...
in one of his many Good Gods' name...
did he mean..., by asking...
which one of U.S. will Guard the Guardians...
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JGBHimself
Jul-09 @ 7:02 AM
We may be missing two very important factoids here:

first, if the home IS empty, who, precisely, is going to "protect" it. Finding someone, if you can, to "maintain" it may sound good, but if we fire all our police, which we are in the process of doing, who will be left to guard the homes. Will the city of Mesa pay one of U.S. neighbors to watch over them? For some reason we doubt that.

Second, we are sitting on ground zero for all of the non-agency - not FMae-FMac-FHAor VA; dead zone - 2002-7; subprime & ARM - liar & interest only - loans; that are going into foreclosure. What foreclosure AND bankruptcy attorneys are finding out is that there is NO "responsible" party or owner to be found. It is a "securitized" mortgage created by the investment banks and sold to a GROUP of investor. There is no ONE person or entity who owns the mortgage - zero, nyet, zed, nada.

So..., IF you were really lost watching Lost on tv, you mcCain't begin to understand how lost you're gonna be if Scott puts YOU in charge of finding any of "those people"

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JGBHimself
Jul-09 @ 7:28 AM


Excuse U.S...
but did you say that little ol' Mesa had over 1,000 foreclosures in the Merry Month of May???
As SNL's Church Lady oft said to U.S.: "Now isn't that special."
Are we looking @ 12,000 foreclosure in Mesa for this year???
Wow.
Couldn't we..., absolutely "not just"..., settle for say only 9,999?
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Mesa AZ may focus on abandoned homes
City could consider a property registration ordinances
by Gary Nelson - Jul. 9, 2010 12:00 AM The Arizona Republic
The neighbors were there one day, gone the next, and never said a word about leaving.
What they left was a mess, one more abandoned property in a city that saw nearly 1,000 foreclosures in May alone, according to the website RealtyTrac.
http://www.azcentral.com/news/articles/2010/07/09/20100709mesa-focusing-on-abandoned-homes.html
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