I havent paid my mortgage and the bank is not foreclosing, they are too busy - 11/21/10 08:12 PM
I was on a couple of important calls (at least they were advertised as important) from an asset manager firm on REO's and then a separate one on short sales.  Both the calls had the same message.  MORE INVENTORY HAS TO COME, and banks are going to be more aggressive with foreclosure, short sale process.  There are alot of loan modification in process and truthfully they are not going to be successful.  There are many theories and I have mine, but the bottom line is IT HAS TO CLEAR OUT.
If you are a homeowner, and you are waiting in a … (3 comments)

 
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elgin walker

Valencia, CA

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keller williams vip properties

Address: 25124 Springfield court #100, valencia, ca, 91355

Office Phone: (661) 290-3781

Cell Phone: (661) 347-6248

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Helping buyers and sellers in the Santa Clarita and San Fernando valley, all through Valencia, Castaic, northridge, granada hills. Goal is to provide good information and promotion for customers to make good decisions for their familes. www.thewalkerteam.info www.theelginandpilarwalkerteam.com www.elginwalker.com


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