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1 Million Foreclosures Delayed Until 2012?

I’d love to stick my head in the sand on this, but the reality is that the negatives of this move can’t be ignored. Rather than pulling off the band-aid quickly, delaying foreclosures is just prolonging the pain. Looking more and more like the last three years are going to be the new “normal” for some time.

via REALTOR Magaize 

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn't representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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