We already read, as I had predicted, there are becoming two sorts of real estate, for title insurance purposes.
All those properties for which creditors' claims were securitized, are now toxic.
One often would not know who claims them or owns them; multiple possible claimants are common.
All those against which there were no securitized mortgages issued, are sort of nontoxic.
Question: In some cases, can one be in reasonable doubt even about nontoxicity?
In our litigious society, why not, if some claimant thinks they stand to gain some advantage by so claiming?
Say, a 'dirty bomb', dropped on the US real estate market and on the rest of the world by lazy fare Entrepreneurs, just doing the imaginative creative investment device Wall Street thing.
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