Buyers Say Foreclosure Deals Taking Too Long
April 17, 2009 by Elad Bushari · Leave a Comment
Banks are quickly accepting bids and writing contracts for foreclosed homes, but buyers are complaining that settlements are taking too long. Cambridge Real Estate pros say purchasing a bank-owned property is different than dealing with a regular home owner, considering that banks have to check claims on the property and problems can arise at closing. [...]
