Why Are Jews Buying Foreclosed Homes For Under 20% Of The Price?
Three houses in my nighborhood were bought by a certain Yehude Feldmann. Each one of those homes were originally between 400K and 500K. They were foreclosed and Mr. Feldmann bought the three for 260K.
How is that possible? Why can one single person purchase a entire neighborhood for cheap this way? Is that even legal?
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Jews????? EVERYONE is buying foreclosed homes nowadays, and you seem paranoid and racist!!!!
Welcome to the world of anti-semitism. You see one person who’s buying up forclosures. You see they are Jewish, & you accuse “Jews” as a group…. That’s call prejudice.
Apparently that person has money & is taking advantage of the current housing market to invest. Donald Trump is doing the same thing. Do you have a problem with all people with terrible hair pieces too?
Too, those homes were INFLATED to 400-500k. He’s buying them at current devalued prices in the current market – you do know that genuine estate market bubble has burst?
Your neighborhood has only 3 houses? You say this person’s bought the entire neighborhood.
—-
Seriously, there is classic European anti-semitism that “Jews are evil, Jews attempt to control things, Jews are wealthy, Jews are cheap, Jews are perilous…” I reckon you’ve been hoodhinked into thinking of Jews as a group & in some of these ways. Whether you’re a excellent person, you’d be looking to alter it.
Whether you’d like to memorize more approximately Jews & these concepts of them, here are some sites:http://www.virtualjewishlibrary.orghttp://www.adl.orghttp://www.wiesenthal.orghttp://www.aish.orghttp://www.nizkor.org
Whoever is doing that, a Jew or not a Jew, it’s irrelevant. It’s a excellent investment whether you have liquid cash and want to minimize the risk of currency devaluation.
He is probably buying genuine estate to guard his net worth from being eaten up by inflation. It’s a smart financial go.
Too I’ve come to realize there is no reason to purchase any currency but the US Dollar. The issue of inflation is affecting EVERY currency worldwide. So the only secure investments are gold and genuine estate.
Whether they have the money to purchase them it is really legal, there is nothing in the laws that states a person or company cannot purchase homes. In cases of foreclosure, the domestic often sell for considerably less than their worth and frankly there is no domestic that currently is valued at what they were fair a couple years ago. Banks will take the highest quantity they are offered for a foreclosed domestic rather than sit on them hoping the market will turn around.
Why are Chinese buying foreclosed homes for under 20% of the price? It was on the news, yet I don’t see you asking approximately THEM! There are groups / tours making trips to the US to purchase foreclosures. Check out the national news.
Your question is either ignorant or anti-Semitic; since I like to see the positive in maximum, I’ll fair call it an ignorant question. Anyone with additional cash is buying up foreclosed homes as a excellent investment.
Edit to Cher – “terrible hairpieces”?
Because the idiots that bought them at over-inflated prices had them foreclosed on, and Mr. feldmann has managed his finances in such a way as to be able to purchase these properties. .And this is Mr. Feldmann’s fault in what way?
Whether you’ve managed your finances well, you can do the same thing, Jewish or not. It is beautiful common knowledge that this is a excellent time to purchase for those with clean credit and cash on hand (IE not looking to borrow every cent and then be unable to repay, as so many did in the past several years).
Amusing, I bought my house the same way, when the market crash was fair beginning. The original owners paid over $700 k for the land and construction- and some idiot loaned them the entire bit. We took it off their hands for fair under half that – they took a enormous loss, but we paid in cash and it SAVED THEM – and the bank- from foreclosure. Is that terrible, too? Is it because we’re Jews LOL? I’m beautiful certain *anyone* with the credit, cash or both could have done the same thing- it’s called a releasemarket.
Is it even legal to purchase something from someone else is selling? Are you really asking that? I’d propose learning a bit approximately genuine estate, and too approximately Judaism. You have obviously been fed the worst stereotypes approximately us, and sadly believed them too.
Would you question it’s legality whether it were a catholic? A lutheran?
Three houses is hardly a entire neighborhood, BTW.
Okay, relax. This is going to seem a small weird but whites are doing the same thing. Property that has been foreclosed on is going for pennies on the dollar and those of us who really have been able to keep some of our money are buying some property. And yes, we will later sell it when things stabilize and then we will really make a profit. But don’t worry, by then O will have our taxes so tall we won’t get to keep much of it.
I’m with the first answerer. Apparently he knows a excellent deal when he sees one. That was a smart go on his portion. Don’t attempt to blame his being a better businessman than you on some kind of religious conspiracy. He’s fair an intelligent guy with some capital to blow, and he chose to invest in genuine estate.
Yeah, the Third Reich finished a excellent while ago. Jews are really allowed to own property in all countries exterior of the Mid East.
The question you should be asking is why the builders were able to ‘worth’ and sell them at 400-500K in the first place.
I’m envious too.
I know a Mr. Mohamed Abu Nasser that bought 4 houses in Tampa, these originally sold for 750K each, a month ago Mr. Abu Nasser bought all Four 4 for 800k, a 2.2 mill profit, nice job.
What difference does it make what his name is? Ethnicity?
They foreclosed, they went to auction, he tender, won and paid for them.
What isn’t legal approximately that?
Are you kidding me? Because he is smart? It’s called being an intelligent investor.
Anyone can come in there and purchase available properties, it fair so happened to be Mr. Feldmann.
Because he sat out the bubble, has cash, and is doing some vulture investing. I hope that Jew makes a lot of money on his investment.
Of course it’s legal. Even the Chinese are coming over to feast on the carcass.
He had the money and the bank had the commodity. Let this be a lesson to you kids, stay in school.
that is one person not the entire Jewish community
Because he knows how to handle his money and they didn’t. His religion has nothing to do with it.
Everyone is, not only Jewish people.Yes it is very legal and well done to him
Because only a schmuck pays retail!
what does his religion have to do with anything
The Jews have a lot of money you know. After all they are the chosen people. No law can halt them, no government can control them. It is they who control the world.
Muhammad Javed Iqbal
They are the ones that made this mortgage mess.