Now, on to business…..I say those numbers you noted would actually be up dramatically (and perhaps a good deal of the current economic drama averted?) if banks would dedicate any resources at all to managing their REO portfolios.

Every Realtor I have spoken with over the past three months has the same story to tell…..they have buyers…these buyers have found properties they like…offers have been made….and WEEKS go by without a peep from the lender who has taken possession of the property…no counteroffer, nothing. So many deals have never materialized because of this disconnect…