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03-15-2011, 03:50 AM
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Why Buy Bank Foreclosure Properties
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Another reason why banks generally tend to dislike the idea of a ballooning inventory of foreclosures is because such fact reduces market confidence in the bank’s practices. Shareholders do not like the idea of losing huge sums of money to bad loans and the bank foreclosure properties are constant reminders of this fact. These properties are regarded as results of bad lending decisions that may cause people to lose their interest in doing business with the bank.
Why Buy Bank Foreclosure Properties