I spoke to an investor friend of mine this morning, but first this little tid bit from the banking industry…
Banks are giving away homes now. I even heard of one bank in OH who sued a homeowner when they tried to give the house back Deed in Leiu of Foreclosure. They didn’t want another defaulted debt on their books.
Wow. What that means is banks don’t want houses period. Every foreclosed home they have taken back in foreclosure FORCES them to ...
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