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Average Income
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<blockquote data-quote="HOSS" data-source="post: 993894" data-attributes="member: 1863"><p>My wife has a business (she is in the process of selling it due to government regulations getting crazy) where she does covert home inspections for mortgage companies and lien holders. She basically takes pictures and observes the property for vacancy, damage etc. on homes where payments are behind, foreclosure or bankruptcy cases. She has about a thousand properties per month that she (or her employees) check. I go with her now and then. I see it all the time were people will not make a house payment but will have two new cars, bass boat and a new UTV sitting out front. All the toys and cars are depreciating items but they make those payments.......the house is the only thing they have that has the opportunity to gain in value or is actually appreciating but they won't make their payment on it.</p></blockquote><p></p>
[QUOTE="HOSS, post: 993894, member: 1863"] My wife has a business (she is in the process of selling it due to government regulations getting crazy) where she does covert home inspections for mortgage companies and lien holders. She basically takes pictures and observes the property for vacancy, damage etc. on homes where payments are behind, foreclosure or bankruptcy cases. She has about a thousand properties per month that she (or her employees) check. I go with her now and then. I see it all the time were people will not make a house payment but will have two new cars, bass boat and a new UTV sitting out front. All the toys and cars are depreciating items but they make those payments.......the house is the only thing they have that has the opportunity to gain in value or is actually appreciating but they won't make their payment on it. [/QUOTE]
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