Quote:
Originally Posted by queasy27
Like others, I cannot understand why banks aren't able to move faster on foreclosed properties and short sales. This is nationwide, not just in TV. Why does it take them months and months to act? Aren't they losing money in the meantime? Don't they care about recouping any of their losses?
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I imagine it's because of the sheer volume of foreclosures that they have. There's probably lots of legal stuff that has to be done on each and every foreclosure and that takes time and manpower.
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Greg
A pessimist is an optimist with experience.
"In my many years I have come to a conclusion that one useless man is a shame, two is a law firm and three or more is a congress." - John Adams
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