Underwater, Facing Foreclosure – The Banks May Not Drown You
During the 2007-2008 Financial Crisis, Banks and Investors undertook fewer foreclosures because such actions were losing propositions. Now that the real estate market has recovered, Banks and Investors are using foreclosures to take your homes, and make lots of money. While you are drowning, they are doing swimmingly well. The delay by the Banks and Investors in bringing foreclosure actions however may be a lifeline for you.…