Monday, August 29, 2011

Have Banks Finally Realized That Short Sales Are Better Than Foreclosures?


Recent numbers indicate that banks have experienced an epiphany of sorts when it comes to opting to dispose of distressed homes while they are still under title to the distressed owner via short sale as opposed to waiting until foreclosure takes place, and the bank is now the righfful title-holder, the property has suffered greater abandon and potential vandalism and significantly higher value depletion.

Very revealing and informative article below:


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