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Entries Tagged as 'pay to leave'

Some banks are paying homeowners to leave their foreclosed properties

March 28th, 2008 · 2 Comments · Consumer Debt

I guess the banks are pretty desperate to keep any more properties from showing up on their asset ledgers.
From the Wall Street Journal…
http://online.wsj.com/article/SB120665586676569881.html?mod=todays_us_page_one
Mr. Buompensiero, a gray-bearded inspector for REO Asset Services-1st Realty Group, rang the bell. When no one answered, he taped a letter to the door offering the occupants $1,000 to move out. The [...]

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