Debentures
Real Estate: Foreclosures Article Category - Page 4 As the housing industry continues its slow recovery, markets across the country are hindered by an abundance of foreclosed properties. Not only do these properties drive down housing values, but they also saturate the market, making the sale of standard properties more difficult. Buyer expectations are high, with many believing they can get a lot of house for very little money, keeping sale prices low. States are exploring every option they can think of to deal effectively with the abundance of foreclosures. Some state legislators are looking for ways to use bank owned properties to the benefit of low- and moderate-income families.
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