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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (490205)6/23/2009 4:03:25 PM
From: i-node  Read Replies (1) | Respond to of 1573835
 

What we are seeing here in So FL is the banks are willing to sign an agreement not to seek a deficiency judgement against the seller/defaulter.


Yeah, we used to call those "friendly foreclosures". I saw a ton of them in 80s in Dallas. We saw a lot of property that FSLIC ended up with, and those goofs couldn't figure out who owned what. We settled a lot of those deals for cents on the dollar.