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There are foreclosed properties all over the country that sit vacant and haven't been put on the market. My understanding is that the banks limit how many properties they put up for sale so they don't flood the market and drive prices even lower. -
"Coming Soon"?
My house was foreclosed on 11/04, the county had the deed in the banks name soon after. I know i am know longer responsible for the house, however, Since this has been happening I have been keeping an eye out for the listing out of curiosity of knowing the listing price. I assumed that they would have listed it as soon as they took possession. However, all the listing has said was "Coming Soon".
Anyone have any idea why they would delay the listing like this?
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