The Real Estate Encyclopedia
Foreclosure sales stalled by red tape
Category - Mortgage Questions - Foreclosure & REO FAQ's
FORECLOSURES

As bargain hunters focus on foreclosures, many discover that the toughest challenge is dealing with the banks that repossessed the homes. While lenders accept bids quickly and write a contract, buyers encounter bureaucratic bungling and frustration as they approach the closing date.

Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n5-041409.cfm
 
Category(s)
Mortgage Questions - Foreclosure & REO FAQ's
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