Government Set to Sell Foreclosures in Bulk
I heard a rumor in early december that something like this was going to come out. Does anyone have any more details? What have people heard about this?
http://finance.yahoo.com/news/government-set-sell-foreclosures-bulk-150844587.html
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Jon Holdman
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
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This strategy was successfully used during the Savings & Loan crisis back in the late 80's. Wikipedia has a goodarticle on how that worked.