Home Foreclosures

Niya · Post by **Niya** » Fri Oct 31, 2008 9:24 am

Home foreclosures are increasing exponentially

Is it being felt in your area?

This old guy who owned his house for 27 years is loosing it and he has no equity in it due to multiple refinancing in past! I know of many other families that lost their homes (american families)

zulaika · Post by **zulaika** » Fri Oct 31, 2008 9:30 am

on Nov.4. Vote for Obama to prevent this mess from further escalation.

AbuShabab · Post by **AbuShabab** » Fri Oct 31, 2008 9:32 am

Niya wrote:Home foreclosures are increasing exponentially Is it being felt in your area?

This old guy who owned his house for 27 years is loosing it and he has no equity in it due to multiple refinancing in past! I know of many other families that lost their homes (american families)

Millions of well-to-do Americans have lost or are in the process of losing their houses. It will be a few years before it becomes a full-blown recession which could take decades to recover, and even the recovery isn't guaranteed.

Niya · Post by **Niya** » Fri Oct 31, 2008 11:42 am

Nevada is the worst state.

Zuli I plan to do that inshaAllah.

AbuShabab, your other avatar, was it AOF?

AbuShabab · Post by **AbuShabab** » Fri Oct 31, 2008 12:08 pm

Niya wrote:AbuShabab, your other avatar, was it AOF?

I don't know who or what's AOF, but he was AbuBakar Bashir of Indonesia.

http://en.wikipedia.org/wiki/Abu_Bakar_Bashir

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