I'm surprised that with all the foreclosures in the last year and what is coming this year that the Banks haven't said they want to be allowed to sell Real Estate. Banks have been trying for years to get legislation passed that would allow them to sell Real Estate and now they have a slightly opened door. I'm sure they will argue that they would be the best to sell the properties that are past due or in foreclosure. They could make the loans to the new buyers and give discounts on appraisals........ This would then open the door to selling all Real Estate.
I'm also surprised it hasn't been hidden in this stimulus bill. The banks would have to hire Brokers, associates, processors thus creating jobs and getting rid of the bad debt.
Keep your Eyes open.