Foreclosure sales rising

Foreclosure sales rose to 91,000 in January, a 29% increase from December of 2011.  A foreclosure sale is complete when the bank finishes the foreclsure process and the bank takes posession the property.  To many experts, foreclosure activity is a harbinger for a housing market resurgence because the foreclosure process is the “cleansing process” of real estate.  The longer the foreclosured homes stay

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