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Foreclosure Insanity.Billions in inventory sit! Why are the banks sitting on these homes?
22 June 08 10:26 AM | realestatefla1 | 2 comment(s)
We`re looking at 16 transactions awaiting the lenders approval to close! The amount of time the lenders take is really incredible. We have 3 "All Cash Offers", while others are near asking price, yet they sit idle,waiting for the "Loss...
Call to arms! New York on the right track.Foreclosures delayed.
08 May 08 06:28 AM | realestatefla1 | with no comments
At least one state is attempting to right what`s been all wrong in the foreclosure market. The New York State assembly yesterday passed legislation to impose a one year delay on foreclosures when homeowners default on their mortgage payments. The bill...

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