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trumpblog: True or False? More One family homes foreclose than multi-units? - 07/23/07 03:47 PM
Let me clarify that the term "multi-family" consists of two or more units.   
True or False: More one family homes foreclose than a multi-family homes? 
Could be true. Micheal Sexton from  Trumpblog posted an article today that stated more one family homes foreclose than multi-unit homes.   An investor friend said to Micheal "Virtually all the foreclosed properties out there are single-family homes or condos," he said. "If you can find me more than a handful of foreclosed multi-unit properties, I'll eat my shirt. It's because people almost always make money in multi-units, so they don't go into foreclosure."
Interesting - No?
Well, I … (5 comments)

 

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