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Bigtoe · 09-22-2008, 11:17 AM

If the feds start buying up bad loans with this bail out package there will be no reason for a bank to participate in a short sale. There will be more money in it for them to foreclose and then sell it to the feds.

09-22-2008, 11:17 AM	#6 (permalink)
Bigtoe Status: Real Estate Forum Member Join Date: Nov 2007 Location: Outer Banks Posts: 84	Re: Short Sales for Real Estate Agents If the feds start buying up bad loans with this bail out package there will be no reason for a bank to participate in a short sale. There will be more money in it for them to foreclose and then sell it to the feds. __________________ Serving all your Corolla real estate needs.