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31st March 2009

Banks Walking Away From Foreclosures Too?

It appears that more than just homeowners are walking away from foreclosures.  Apparently banks are too.   This is thought by many to be the next wave of the housing crisis.

On another note the Old E. Baltimore project is mostly done but I still need to get past the inspections for city and section 8.   I’m on my fourth plumber now and counting.  Hopefully this one will get it right and actually pass the inspection.  Once that’s done I’ll post pics but its probably not a good idea to post them before.  Most of the work on this one was done prior to my purchase so the inspection is always a crap shoot.  It really just depends on the inspector and his/her mood.

This entry was posted on Tuesday, March 31st, 2009 at 2:05 pm and is filed under Mortgages, Old E Baltimore Project, economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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