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Saturday, October 4, 2008

Foreclosure

So the Pimmit Ct. property was delisted from the MLS at the end of September. I was wondering what happened to it and came across an excel spreadsheet listing the owners names and the property as going to the Fairfax County courthouse steps in September. It looks like even at the lower price the bank was not able to find a willing buyer.

Maybe now I will get to follow it as an Real Estate Owned (REO). If I controlled the world, I would probably call them Bank Owned (BO) as they stink for everyone involved.