With 175,000 foreclosures/month, banks need property preservation companies to clean up and fix up these properties. Recession resistant, low startup, Huge profit potential! $50.49 Payout For Affiliates! Great product, Converts really well
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According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run the foreclosed businesses, manage shoping centers, etc. All of a sudden banks are in the commercial real estate business! Aren’t they supposed to liquidate these assets to the free market? Have banks always operated this way or is this a product of the bailout? I’m upset becaue I’m a commercial real estate agent and myself and my clients want these assets sold but banks are not willing take a loss. As a result, my business is hurting!!

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According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run and improve the cash flow of the foreclosed businesses, shopping centers, apartments, etc.

All of a sudden banks are seriously in the commercial real estate business! They are not making new loans. Commercial loans and SBA loans are down somewhere like 95 percent this year!

Since banks made bad decisions to begin with why are they allowed to hold these assets instead of liquidate them like they should? A troubled bank should not be able to afford to hold these assets, let alone hire a management company. Are they able to afford it because of the bailout?

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He will promote green jobs as they are advertising in the states to get Al Gores goal taken care of. As far as the foreclosures go those people were given loans way out of their wage earnings and that is their fault and the banks or organizations where they got their monies. He is just giving our monies away and not thinking like a President should when the economy is bad. Obama is making America go down fast.

There is a rumor that says "banks have a lot of unlisted foreclosures".
If they would list all the foreclosures, the market would crash immediately.

Who do you think?

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