“Home Rage” Is The Newest Chapter Of The Foreclosure Crisis Drama

Channel 8 Reports, we pass it along.

I just came from a house that wasn’t trashed by the previous owner. It was trashed by kids in the neighborhood.

My client Frank has had an all cash offer on the property since February 7^th. We’ve never heard a word from the agent or the bank. The bank’s holding out to see if they get a better offer. Now Frank has lowered his offer to reflect the new damage.

I haven’t personally run into the circumstance described in the channel 8 piece, but there’s a whole lot more foreclosures in the suburbs as there is in Vintage Vegas.

The banks and their games are the subject of tomorrow and Saturday’s RANTS.