It will be interesting to see if the government can actually organize this, and if they do, what all entities will truly be involved.
There is a ton of shadow inventory out there, guys, if you have been watching the Sheriff's Sale lists where available for your counties. Back in December they were being cancelled. Now they aren't even being posted at the same volume.
Any REO agents, feel free to share some insight without naming banks! There is a lot going on behind the scenes that we, nor the public are privvy too.
So much for transparency. I would say the transparency in the last year is clear as the darkest mud available in the world.
REALTY WORLD-Harbert Company, Inc.
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About the Author: Heather Fitzgerald, who has over 17 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-371-2622.
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