Great News for Buyers on a Budget: More Foreclosures on the Way!
For more: http://bit.ly/ercXZd
Paperwork scandal? You know what the scandal is? The banks have all those borrowers by their liens, and won’t just get on with it. Seize the property, auction it, and get the prices down to where they need to be, so the overbidding can start again. Nobody is going to overbid if they’re just sitting around waiting for the banks to dispose of their ginormous shadow inventory.