Thursday, October 11, 2007

Foreclosure Sales Scheduled

The next fews weeks have the most foreclosure sales days I've ever seen:

Next Tuesday, 10/16 there are 174 sales.
The following Tuesday there are 162 sales.


Sal_Militello said...

So have the banks started to open more of them deficient?

Joe Varan said...

The banks still come in mostly at full debt. However, once in a while I've seen some shorts. I think they haven't realized the market has changed.

I recently attended an auction where I was the high bidder on 22 properties. I only ended up closing on 2 of these properties since they didn't accept the others. Who only knows how much they will eventually sell for.