Bank Owned Homes Increases Sharply. Foreclosures Down.

The RGJ reports that the number of bank owned home jumped sharply in September.  In the same article they report that the number of foreclosures has dropped. I’m curious about how that could be, although it appears that the numbers being sold at the courthouse steps has dropped dramatically.

Could the drop have anything do do with the robo-signer scandal sweeping other parts of the country?

Read more here.

And see  The Reno Real Estate Guide.

About rereno

Real estate investor
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