03-05-2012, 01:49 PM
Well, now that the probe has been lifted, the industry is said to become more aggressive. In addition to that the trend will increase in the coming year. A total of 88,303 pre-foreclosure homes sold in the fourth quarter of 2011. It is because of the the short sales that make up an increasing portion of foreclosure-related sales. And according to CNN, some lenders in especially hard-hit markets like Florida are even offering cash incentives to entice borrowers to sell short. Short sales are increasing, says a brand new study from RealtyTrac. The report determined that almost one-fourth of all U.S. home sales were foreclosure-related in the fourth quarter of 2011. Resource for this article: https://personalmoneynetwork.com/moneybl...hort-sales .