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Old 12-14-2007, 04:14 PM   #4589
sebastian_dangerfield
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Join Date: Mar 2003
Location: Monty Capuletti's gazebo
Posts: 26,231
Is it Me?

Quote:
Originally posted by SlaveNoMore
As that keeps me in business, I'm generally not complaining.

For now....
What I don't understand is why so many properties are in foreclosure so rapidly. Is this because the paper was flipped so many times? Or is everybody running to foreclose so they can sell off the properties while the discount is still modest? You'd think they;d want to be a little more open to liberal workouts from a cash flow persepctive. Maybe it's a regulatory thing.
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