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(17,162 posts)

16. Rent them to the workers of "Company Store?" Like Walmart and other evil corporations?

Thu Feb 2, 2012, 04:18 PM

Feb 2012

Take part of their paychecks as rent?
Anything is possible these days.
BHN

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OK, I have a dumb question. What do the banks plan to do with [View all] RKP5637 Feb 2012 OP

as I understand it, the mortages are usually insured... phantom power Feb 2012 #1

You presume they have plans zipplewrath Feb 2012 #2

Yes, msongs. That is what they are doing. JDPriestly Feb 2012 #18

Don't the banks offload them at "sheriff's auctions"? soc7 Feb 2012 #5

If I understand it correctly, soc7 Feb 2012 #11

Precisely. It's less of a loss to sell it cheap that way... TheWraith Feb 2012 #20

That's what happened when I was foreclosed out hifiguy Feb 2012 #13

Sometimes they do, sometimes they don't. TheWraith Feb 2012 #15

I've read foreign investors are buying US foreclosed homes KansDem Feb 2012 #6

Exactly. raouldukelives Feb 2012 #12

Amazing, absolutely amazing. RKP5637 Feb 2012 #10

They stole our jobs, our money, our houses and priced food and energy dixiegrrrrl Feb 2012 #14

If I'm not mistaken Johnson20 Feb 2012 #19

I've been wondering this too. JDPriestly Feb 2012 #17

Yep, that was the same at my college. Those that couldn't hack other RKP5637 Feb 2012 #22

the ripoff will continue for 5-7 more years Wellstone ruled Feb 2012 #21