I think that banks will be approached more and more about their notes on A/B properties and will foreclose the C and below properties. I have seen more and more that folks with capital are looking hard for A properties and there just aren't that much available - so they are doing their homework on A properties and checking to see if loans are maturing or in default, etc. Of course if the FDIC in on their back, the banks will do what they have to do.
Thank you. Very nice profile! We look to acquire all over the country. I cover the state of Florida and if you have a property that you feel would meet our criteria let talk. Please also take a minute to visit our website at www.fscap.net to learn more about our firm. My direct email address is firstname.lastname@example.org. Please send me your contact information.