There are a ton of aspects to this bail out that may or may not effect us. I am curious about one of those aspects. Will the bail out make the short sale market and the REO market get tougher or dry up?
If the banks are having their paper being bought up will they still be looking to "deal" on these ? I am seeing this as a potentially unintended consequence of the bill. But I am not sure if my logic is correct. So please email me or comment on this blog. Do you think the bailout will make banks less likely to deal on REO's and Short Sales?
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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog
On line at www.allmountainrealty.com Call at 706 579 1098
