hud: HUD to Consider Property Management in Dealing with Shadow Inventory - 06/12/12 12:44 PM

I heard this rumor at my continuing education class a couple of weeks. HUD maybe considering getting into the property management business this year.
There is a massive wave of foreclosures (aka Shadow Inventory) coming soon as banks let go of millions of properties on the books this year and next.
It would be foolish to flood the market with shadow inventory all at once. It would kill the housing market all over again and cause the cycle to repeat itself. The sensible thing would be to release these properties piece meal.
Which is why I believe HUD would even … (1 comments)

 
Nogui Aramburo, Real Estate Professional in the Raleigh Area (Linda Craft & Team, REALTORS®)

Nogui Aramburo

Real Estate Professional in the Raleigh Area

Raleigh, NC

More about me…

Linda Craft & Team, REALTORS®

Address: 7300 Six Forks Road, Raleigh, NC, 27615

Office: (919) 235-6305

Mobile: (919) 771-3609

I'm a Real Estate Agent and Manager with Linda Craft & Team REALTORS in Raleigh, North Carolina.
As a member of the Linda Craft Team, I am involved in marketing, contract to close and working with buyers. With the high volume of transactions we do everyday, there's never a dull moment at our office. It is our honor and part of our mission statement to "help people achieve their goals in the most efficient and professional manner..." That means treating you, our dear client as a VIP, no matter what!
While Real Estate is my profession, DJ Culture is my passion. I am also run a Professional Mobile DJ Company specializing in Weddings and Private events with Triangle DJ, based in Raleigh, NC

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