Comments on: Banks: Their Own Worst Enemy http://www.twincitiesrealestateblog.com/2007/banks-their-own-worst-enemy/ Housing News, Opinion, Statistics and Homes for Sale Tue, 07 Feb 2012 17:03:27 +0000 hourly 1 http://wordpress.org/?v= By: John http://www.twincitiesrealestateblog.com/2007/banks-their-own-worst-enemy/#comment-89 John Thu, 27 Sep 2007 13:36:32 +0000 http://www.twincitiesrealestateblog.com/2007/banks-their-own-worst-enemy/#comment-89 It's also amazing that they don't put any effort into preserving the look of the exterior. Many of the BO properties have in ground sprinklers yet they are never allowed to run. For not much money the banks could have someone perform very vary basic maintenance like watering and probably sell the homes much faster because they don't look abandoned. It’s also amazing that they don’t put any effort into preserving the look of the exterior. Many of the BO properties have in ground sprinklers yet they are never allowed to run. For not much money the banks could have someone perform very vary basic maintenance like watering and probably sell the homes much faster because they don’t look abandoned.

]]> By: Brent http://www.twincitiesrealestateblog.com/2007/banks-their-own-worst-enemy/#comment-88 Brent Sat, 08 Sep 2007 19:05:51 +0000 http://www.twincitiesrealestateblog.com/2007/banks-their-own-worst-enemy/#comment-88 It's funny that banks would force themselves to own and maintain properties instead of allowing a short sale, making the seller take the difference as income, and writing off the loss. It should be interesting to see this all unfold over the next year or two. Nobody wants to hold onto depreciating equity, but when it comes down to it, the banks own the houses and will have to maintain them. It’s funny that banks would force themselves to own and maintain properties instead of allowing a short sale, making the seller take the difference as income, and writing off the loss.

It should be interesting to see this all unfold over the next year or two. Nobody wants to hold onto depreciating equity, but when it comes down to it, the banks own the houses and will have to maintain them.

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