WHAT NEXT WITH REOs???

I think we would all agree that the lenders are sitting on a stock pile of REOs that will eventually be released.

How they will do it, or when is anyones guess. Will they flood the market and drive prices down even more? Will it be a steady stream of controled release as bank owned properties sell? Will they put property managers in place and lease some of these holding until consumers are again qualified to buy?

Who knows? I only know I will be part of what happens, and I am getting ready to embrace the change, when it comes and work with it not against it to the best of my abilities!

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