[wagglebee]

Good point.

I know someone familiar with inventories of foreclosed homes in my area and he told me that probably 75% of homes that have been vacant for over a year will be uninhabitable due to mold issues.

But, as you said, it's better for the banks to keep them on the books with a distorted valuation.

[fatima]

So that’s why there are so many.Where I live there is a shortage of houses to buy.