Thread: Deportations could hit real estate markets in state, nation

Originally Posted by Judy

LOL!! EXACTLY, Beezer!! It's just a talking point to scare people into thinking that if we actually stop illegal immigration and deport those already here that they're somehow going to lose value in their home. It's a pro-illegal alien desperate tactic to be used on the non-thinking.

Just like Trumps win would TANK the Stock Market...so did Brexit...LOL

It would be nice if Americans suddenly had a lot of real estate opportunities to grow their families with for the first time in a generation.

W

Originally Posted by JohnDoe2

When families get deported it will be a race to see who gets their belongings. Relatives, neighbors, friends, and total strangers will descend on the houses to take everything they can. And then homeless people and drug dealers will try to move in and claim the property.

So what's your point? That's all stuff they bought with illegal wages stealing jobs from American Workers and running drugs for the cartels. I have absolutely no problem with that. Why would you?

Originally Posted by JohnDoe2

Police Warn Vacant, Bank-Owned Homes Pose Threat in Reseda ...

www.nbclosangeles.com/.../Police-Warn-Vacant-Bank-Owned-Homes-Pose-Threat-to...
Aug 3, 2015 - Los Angeles police are warning property owners to beware of squatters ... when a known vacant house has been taken over by squatters." ... had served warrants on squatting drug dealers at the Saticoy house, officials said.


Foreclosures leave a wake of drugs, squatters, arson - Detroit News

www.detroitnews.com/story/news/special-reports/2015/06/25/...tear.../29289533/
Jun 25, 2015 - The first comes when homes are abandoned. ..... home, though, has been overrun by drug dealers and squatters this summer, Sims said.

That's why they need to rent it out or sell it as soon as possible. They shouldn't have given a mortgage or a lease to an illegal alien to begin with.

Originally Posted by ALIPAC

It would be nice if Americans suddenly had a lot of real estate opportunities to grow their families with for the first time in a generation.

W

Yep, the banks will sell them. They will be flipped by investors. Or people will buy them, fix them up and improve the neighborhoods with 4 people per household...NOT 20 illegals in one house.

The neighborhoods will recover, the property tax will go up...thus putting more money into the City budgets.

This would be a boom for the American's.

Originally Posted by ALIPAC

It would be nice if Americans suddenly had a lot of real estate opportunities to grow their families with for the first time in a generation.

W

YES!! Absolutely! And with the illegal aliens gone, there will be both more jobs for Americans as well as real estate opportunities!!

It's win, win, win!!

Why are banks giving mortgages to illegal aliens?

Setting the Record Straight on Mortgages for Undocumented

www.nationalmortgagenews.com/.../setting-the-record-straight-on-mortgages-for-und...
Oct 17, 2014 - The mortgage industry will "recognize the economic benefits" of ITIN loans, and they will ... Undocumented immigrants have long been able to qualify for mortgages using ... Now that Venta is again able to offer the loans, he expects that rate to continue. .... banking. American Banker · Credit Union Journal ...

Originally Posted by lorrie

Why are banks giving mortgages to illegal aliens?

Guess they will be changing their banking practices once these illegals are deported!

Originally Posted by lorrie

Why are banks giving mortgages to illegal aliens?

Money laundering and drugs cartels. Illegal aliens work for the drug cartels who launder money into the US through US banks. All this crap goes back to the drug cartels. When people can grasp the meaning of a $300 billion a year tax free illegal drug industry just in the United States, they'll understand why we were sold out with illegal immigration, who was behind it and who their partners in crime are.