Lenders Beginning to Foreclose More Homes

I heard some very good news today for Short Sale investors. Everyone knows there are loads of foreclosed homes on the market already. The report I saw on NBC Evening news said a lot of lenders were holding back on foreclosing homes until the stimulus package was revealed but apparently they've decided there is no reason to wait any longer and many are now proceeding with more foreclosures. Bad for the homeowner. Good for the Short Sale investor.

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