Talk of The Villages Florida - View Single Post - Run Down Reverse Mortgage Houses
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Old 06-09-2013, 07:18 AM
queasy27 queasy27 is offline
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How many foreclosed homes that have fallen into disrepair are on your street?
I lived in Country Club Hills from June 2010 to January 2013 and there were no abandoned houses on my regular route in and out and about in that area, or any in disrepair.

There are mortgage lenders for manufactured homes; I used Citizens. There aren't a ton, but there several property insurance companies. (I generally do all my banking and mortages through USAA, and they would neither issue a loan nor take on the insurance for a manufactured home.)

Like others, I cannot understand why banks aren't able to move faster on foreclosed properties and short sales. This is nationwide, not just in TV. Why does it take them months and months to act? Aren't they losing money in the meantime? Don't they care about recouping any of their losses?