What is going to happen to our economy and housing industry, when the 5 year arms adjust in 2010. My take is, you ain't seen nothing yet. Homeowners are sitting in their homes, not paying their mortgage and banks are now not filing for foreclosure because their inventory is full. This is happenin
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09/30/2009
I am hearing buyers ask "What Should I offer?" every day on Bank Owned Properties. What you need to remember is that the Bank wants to sell. They are listing the homes below appraised value. But how can you be sure? Every bank orders Broker Price Opinions, BPO's on their inventory monthly. They w
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09/01/2009