They received their NOD in July 2008. Foreclosure was scheduled 12-22. It kept getting postponed. They have been attempting to sell since May 2008. Here we are in April 2009. It just recently went pending. It will be interesting to see at what it closes.
I only happen to remember this b/c I am in the area. But suffice to say that the banks are taking quite a while to foreclose. There are many more like this. It is not uncommon.[/quote]
I agree, looks like a dumb dumb bank.
I think we can all come to terms here and call a club a club. There’s no vast right-wing conspiracy here in SD. Over the last 2 years since I have been a member I have been keeping track of of CV. Banks are NOT hiding phantom properties. They always make it to market. Yes, sometimes that takes close to a year if the thief squatting in the house knows how to drag it out, but they always make it to market sooner or later.