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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: BWAC who wrote (74509)3/22/2007 10:20:54 AM
From: John VosillaRead Replies (2) of 306849
 
And leave a nonpaying deadbeat in possession to try and sell the home for them without the clock ticking?

Usually they start the foreclosure, the borrower calls and asks how he can work things out and the bank rep tells them to try and sell the house to save their credit, present all offers (even below the loan amount for a possible short sale) as the foreclosure winds it's way through the legal process..
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