Banks

Profile picture for mrhardluck62
 Are the banks holding foreclosed homes back from the market in order to inflate the price. I live in an area where the foreclosures are high in number. Trying to get any info on these homes is very difficult. If there are as many homes as they say why are they making so hard to puschase one?
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April 27 2010 - Redford
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Profile picture for therealtorguy
Banks do not want to hold homes. They need to get them off their books as soon as possible. Like a homeowner, banks have to maintain a property, pay insurance and taxes. They are loosing more money every day they hold a property.
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April 27 2010
 

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