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Re: How bad is the economy?

Posted by Kristine-CA on August 23, 2010 at 1:45 PM

In Reply to: How bad is the economy? posted by Bill H on August 23, 2010 at 11:20 AM

Hi Bill. Surely, that 103 is an all time high for you, right? What typically happens the last week before sale? How many will cure the default by Friday? Any bets? :)

Also, of the ones that may end up maturing to you, are there any especially goods ones? I do like keeping track of your dealings in lien certs. It's SO different from tax deed sales. Feel free to write me off the board. Kristine

: Tax sales start here on the MS Gulf Coast next Monday. They have 12,992 parcels in one county that are delinquent; a new high.

: That county normally has about 6,000-7,500 parcels and about 8 to 12 million in delinquent taxes.

: Things ain't looking too good here right now.

: I've still got 103 left from 2 years ago that must be paid off by this Friday or they mature to me.

: We shall see what the new economy brings.

: Good Luck,

: Bill H



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