Quote:
Originally Posted by slodave
Vas, banks are stuck with these properties and at some point, it becomes easier for them to cut the cost of the property and make some money, any money. At some point the property will cost more to maintain, than it is worth. Dump it at a low price and be done with it.
|
Do they have the buyers picking up these homes for cheap?
The wealthy guys may, that way they can sell them at a mark up when things
get better.
