Shocking! Insiders of the bank said that too many people across the country have stopped repaying their loans, and the number is so large that it is frightening, but no one dares to say the exact number. Faced with this situation, banks are trying to communicate with people and find ways to solve the problem. They would rather let them stop lending for two years than go through the court auction!
Because there are too many houses being auctioned now, the price cannot be high, and the bank’s losses cannot be made up even if they are sold. House prices have been falling, and many people have lost so much that they can only cry. The down payment is gone, and their savings are gone. What’s worse is that some people have lost their houses and owe a lot of debts, and they basically can’t turn things around. Especially for those who bought houses in 2017, the current prices have fallen below the original price! People who are in a hurry to sell their houses can only reduce the price. Once the sale is completed, the price of the entire community will be lowered. People in the same community who bought in 2020 and go to ask the price now may be angry when they know the current transaction price! ! ! ! !