Quote:
Originally Posted by Kiroy  I'm not one of the savvy ones, but I'm sure they're trying to sell all the one's that have been foreclosed, but since the housing market cooled down - it just adds to the problem. To many houses not enough buyers. |
There WOULD be buyers if sold cheap enough. Sell a 300K house for 150K or whatever the market can bear. Sure it's a loss, but it's better than "0" which is what they are getting by sitting on it.
