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Cities and counties that have experienced increased foreclosure and vacancy rates in the aftermath of the housing market crash of 2007-2008, perhaps emboldened by recent court decisions, have recently filed several new...more
In the Summer issue of the West Virginia Banker Magazine, we discussed certain factors that banks should consider before taking ownership of real estate collateral at a foreclosure sale. Once taken into a lender’s inventory,...more
Originally published in Western Real Estate Business, October 2012.
The economic downturn has resulted in a record number of foreclosures in California. Many property owners have simply abandoned these foreclosed...more
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