Archive for the ‘Foreclosed Houses’ tag
Just One Little House, but a Good Indicator of Foreclosed Properties Nationwide
We conducted an unscientific, teeny little survey of foreclosed houses
last week precisely one house but given the figures we quoted earlier
this week about the toll foreclosed homes are taking on cities,
neighborhoods, and individual neighbors we are willing to bet that what
we saw in Darien, Georgia can be extrapolated to portray hundreds of
thousands of foreclosed homes nationwide.
And what we see is how the policies of lenders and
their real estate agents are making the foreclosure situation worse than
it needs to be.