From the daily archives:

Friday, December 4, 2009

Is a Foreclosed Condo a Good Investment?

by Tony on December 4, 2009

Tips for investing in a foreclosed property.

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BankUnited wins $36M foreclosure in Delray Beach – Bizjournals.com

BankUnited wins $36M foreclosure in Delray Beach
Bizjournals.com
BankUnited won a $36.2 million foreclosure judgment against the developer of the Latitude Delray Beach Condominium. The ruling in favor of the bank was

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US housing market meltdown not over yet: Zandi – Reuters


Reuters
US housing market meltdown not over yet: Zandi
Reuters
That is because foreclosure sales fell over the summer and fall as mortgage servicers have tried to put stressed homeowners into the Home Affordable
the Economist: Same old problem, but a new causeMinneapolis Star Tribune

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