I don’t deny we’re in an unfortunate state.I recently heard of a lady on the east coast of Florida, who, after being a Realtor for many years, is losing her own house to foreclosure because she hasn’t made a sale in over three months.

Would it bother you if you lose the deal?

Add on $800 a month in expenses and you're losing a very real $930 a month.

If the mortgage is $290, you will lose about $65 per month.

Sadly bad Property Managment company all the run through the mill expenses and THEN some, two bad tenants we lost that property GA NEwbie now I am about to lose a local investment for family if I cannot find a quick 35900 to finance a balloon..Help?!

It also makes a difference how the person is positioned relative to a foreclosure.The one losing the property, the lender, the buyer of the property...John Corey

Liens junior to the IRS would be released.The bank might not know they are about to lose the property.

In my opinion, this property will lose money with gross rents of $1,400.

More alligators will only mean you are closer to death if you lose your job, etc.As the LV market is not really all that healthy and there is high turnover there will be deals to be done.

The costs of those bad decisions and 'irrational exuberance' are now coming due.The people who are losing their homes were duped and/or they didn't do their due diligance.