March 2008
2 posts
Who wants to rob a bank legally?
No masks necessary - investors are buying forclosure homes in broad daylight. Banks have so much inventory and are eager to move it that those willing to act can really get a great deal now. First time home-buyers and experienced investors can profit right now from bank mistakes. Recently I have seen a bank sell a property for half - HALF - of what they just lent on the property 11 months ago....
Forclosure Homes Outpacing Sales In Some Parts Of...
I knew the level of forclosure homes was still increasing, but according to the New York Times forclosure homes even outpaced sales in some areas. Here is what the New York Times had to say about it: “During January, it was reported this week by RealtyTrac, there were 153,745 initial foreclosure notices sent out in the United States. That dwarfed the 43,000 total sales of newly built...