How often do you get asked about "The Big Flood of Foreclosures" coming??
I get asked this question all the time. And I've been asked that question for the last few years.
And my answer is the same - It's not practical for ANY entity to have a flood of anything due to the laws of supply and demand.
If the bank's goals are to maximize their net proceeds on each property, they sure as heck are not going to flood the market with them.
Hello?!
What's your response to your prospects, clients and associates when asked this question?
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