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tradeyouraccounts
06-12-2009, 11:25 AM
Foreclosures have they produced problems or opportunities?

With the housing down turn and the high foreclosure rates there are growing numbers of properties owned by banks. The yards on this property’s can become badly maintained due to lack of care. There can be allot work opportunities on these properties working for the local real estate firm or the asset management company that corresponds with the banks. Have any of you done work on these properties and if so has it been worth while or have you had difficulties in getting paid by delays from the banks?