[quote=SD Realtor]. . . There are times when we are researching what is going to sell at auction we come across homes already sold and closed escrow.[/quote]
SDRealtor, it sounds like a lot of lenders are falling down on the job. IMHO, if these incompetent lenders would have just exercised their timely rights to a non-judicial foreclosure prior to all this “government intervention,” perhaps all the blood in the streets would have been washed down the storm drains by now. We might have now been referred to as “SD by the red sea” in the popular media, but we would have at least been able to see the light at the end of the tunnel, i.e. a semblance of health being restored to the local real estate market.