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February 18, 2012

Audit Uncovers Extensive Flaws in Foreclosures – NY TImes Article.

This is an interesting article in that it highlights the level of foreclosure irregularities that were found in San Francisco County. This suggests that the majority of foreclosures across the nation with flaws is extremely high.

My concern is will this make buyers afraid to purchase Carmel Real Estate especially REO properties and leading to excessive inventory of unsaleable homes.

You can read the full article here – Article by Gretchen Morgenson