Elaine and James Hansen

Elaine and James Hansen
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Tuesday, April 10, 2012

What happened to all the Bank Owned Foreclosure Listings?

About two years ago, the banks realized that Foreclosing and Selling their own Properties,
is a very expensive process.  Shortly there after they began allowing Investors to purchase
these Properties, at a discount, at the Trustee Sale Auctions.
They also began building up their in house Short Sale Departments.
This graph does not show the rise and falls of the number of foreclosures,
just the percentages of how they are being sold.

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