Were they all Really Duped?
Thursday, May 21, 2009
I have been in real estate a long time and now I find it hard to believe that all of these short sale people and foreclosed upon people were all duped by lenders, appraisers, and real estate practitioners. To be sure, there are borrowers who do fall into the misled and oversold category, but it is my belief that the shear volume of these loan defaults and walk away owners indicates that many are letting the society pay for their bad choices.
What do you think??
