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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: TheStockFairy who wrote (745)9/4/2001 12:46:01 PM
From: yard_manRespond to of 306849
 
foreclosure is expensive for the banks -- they don't want to hop to it when times are good or if the folks might have a chance to sell.

A while back I read abotu car repos -- some of those taking up to a year -- now that I don't understand. Seems to me it would be to a banks advantage to move quickly, i.e. 2 - 3 months.