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Old 04-15-2020, 09:42   #106
1stindoor
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Join Date: Nov 2008
Location: Ft. Bragg
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Quote:
Originally Posted by Pete View Post
Looking at a problem that is a month out but needs to be addressed now.

"Coronavirus economic threat -- A mortgage industry calamity is looming"

https://www.foxbusiness.com/real-est...ustry-calamity

And what your house is only worth what somebody is willing to pay for it.
I foresee another problem within this problem, that's when the local municipalities decide to raise your property taxes to offset the loss in sales tax that their budgets took. Will those govenrnment entities maintain the value of your home despite market fluctuations...or raise the value to maintain their revenue stream?
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