There are some who are speculating that the bank and/or government
are holding onto properties and gradually putting them on the market
so as not to flood the market and cause a huge drop in home values.
After all, California currently has the highest number of NODs
(Notice of Default) in the nation, so where are they?
Others are of the mind that 'they'are in no way, shape, or form
that organized, and that the banks are just holding out in the hopes
that they will receive more bail out money. Either way, who taught
who how to run a business? Bizarre....
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