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06:47 AM
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91% of Today's Home Foreclosures were either Canceled or Postponed for one Auction Company
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[quote:C. 938980:MV8xMTAxODk4XzE4NDcwMjI3XzY3RTk1NDVG] It took forever and they still don't have it right.... A re-structure is possible if you have the tenacity. I got three hundred bucks chopped off my mortgage payment. [/quote]
Original Message
I posted this on another thread and feel that it might be interesting topic on its own for those who aren't following that particular thread.
I looked up all foreclosure sales scheduled for today from priorityposting.com - which is just one foreclosure auction company that I happen to know their name and website - I'm sure it is only one of hundreds of such companies...... But the data for today is REALLY unusual......
1035 sales were scheduled
22 were sold to third parties,
66 reverted back to lender,
2 were paid off
the rest of the foreclosure sales were either canceled or postponed. That is a whopping
91% of scheduled foreclosure sales that did not happen
.
Does anyone else see similar situations with their local foreclosure auction companies?
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