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Loan Modification

: Loan Modification & Home Loan News

$500 Homes in Detroit Not Selling: What?s next, free homes?

By Moe Bedard

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When foreclosed homes do not sell at auction, the aucioneers lower the price to entice potential home bidders. When the price goes as low as it can go, do they then just give these unsalebale homes away? My prediction in the next two years is that certain areas of the country such as Detroit, Michigan will actually give homes away to qualified [...]

Full post as published by Loan Modification & Home Loan News on October 26, 2009 (boomark / email).

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