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 7th. 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.