Perhaps REO agents will be catching the next wave of foreclosures afterall?
Check out the article from Default Servicing News:
http://www.dsnews.com/index.php/home/news_story/-999/-1/
http://www.johnsoncountysheriff.com/sales/default.asp
Look at the Sheriff's Sales that were cancelled from January of this year through March/April of this year. There is inventory yet to be put out on the market unless all of these homeowners received loan modifications and other things to straighten out their financial situation. While this would be absolutely wonderful for the families, the odds are not that each found new jobs or received loan modifications, and yet the majority of these properties are not yet back on the market. How are cancelled Sheriff's Sales at being filtered back into listings in your areas?
About the Author: The above info regarding Indiana Foreclosures was provided by: Heather Fitzgerald, who has over 15 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-885-8858. Thinking of selling your home or buying your next home? We can help you with this. I service the following areas: Greenwood IN, Indianapolis IN, Franklin IN, Whiteland IN, Mooresville IN, Martinsville IN, Avon IN, Carmel IN, Westfield IN and surrounding areas. Check more properties at no obligation: http://www.SmithFitzgeraldTeam.com
Copyright © 2009 By Heather Fitzgerald-Perhaps REO Agents will be catching the second save of foreclosures. All Rights Reserved. Pictures courtesy of Flickr.
