James Wesley,
I just read an ad on Craigslist explaining some sad stories for individuals on “Bank walk aways” . See BankWalkaways.com for more. It appears that [some] banks are intentionally not auctioning off properties foreclosed on and leaving the titles (… legal responsibility, liabilities, etc.) in the original record holder’s name. Down the road these vacant properties are vandalized, looted, burned etc., then the city comes a callin’ for the “homeowner” to fund the repairs / demolition. This is outrageous if this is true!
Thanks are hardly enough for the wake up call you’ve given me through your book and web site, but Thank You all the same. This is my first email to your in an attempt to contribute to your great knowledge resource looking out for people. On one hand I hope this is not happening, but if it is I hope you post the wake up call. All the best. - Hal H.
