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Deegee · 07-08-2011, 06:41 AM

Speaking as the final institution for a second, when we do a foreclosure, we don't care how much we make in comparison to the appraisal value, just as long as our debt gets covered.

The quicker it's unloaded, the better, as far as we're concerned.

07-08-2011, 06:41 AM	#11
Deegee First Line Centre Join Date: Mar 2006 Location: Edmonton, AB Exp:	Speaking as the final institution for a second, when we do a foreclosure, we don't care how much we make in comparison to the appraisal value, just as long as our debt gets covered. The quicker it's unloaded, the better, as far as we're concerned.