Banks seize 288K homes in Q3

Well, here is a very interesting statistic: over 800k YTD and on track for 1.2M in 2010.  Smells like opportunity.  Can anyone say motivated seller.  We’ll have to see what shakes out with all the MERs fiasco and “robosigning” deed transfers.  Interesting times indeed!

Here’s the link to the AP video report

In case the link doesn’t work copy and past the address below into your browser:

http://finance.yahoo.com/video/marketnews-19148628/banks-seize-288k-homes-in-q3-challenges-ahead-22443554

 

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