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Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Too Little, Too Late -- Short Sales Speculation
THEY (the banks) speculated and YOU (the home owner) lost.
While Carla has probably been spared the angst of representing home owner/sellers in this wacked out Short Sale market, as have I to an extend, she sees the affects of lender actions on buyers and sellers, always to the detriment of the buyer and seller, of course.
THIS IS A GOOD READ
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Friday, February 26, 2010, Portland, Oreagon
CURRENT Active Short Sales*:
Area 141 North Portland -- 61 properties Area 142 SE Portland     -- 134      " Area 143 NE Portland     -- 264      " Area 144 Gresham, etc.  -- 211      " Area 145 Milwaukie, etc. -- 192      " Area 146 Oregon City     -- 139      " Area 147 Lake Oswego   -- 121      " Area 148 West Portland  -- 164      " Area 149 NW WA Cty      --   52      " Area 150 Beaverton        -- 234      " Area 151 Tigard             -- 190      " Area 152 Hillsboro          -- 185      " * RMLS MAP OF AREAS IN METRO PORTLAND That's 1,947 properties of people in my local market . . . I like to refer to them as American homeowners.  That's 1,947 (more) people that are in queue to be systematically EVICTED from their homes.
The banks (financial institutions) did one thing in the two (2) years ... more

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