Foreclosure auctioneer's lonely task

[hometowngrl53]

WASHINGTON - With an unhurried stride and a fresh stack of mortgage loans gone bad, Rick Crossley arrived at the small plaza outside the Prince William County courthouse on a bright, windy morning recently and found it deserted. He cleared his throat, opened a thick folder and, with little ceremony, began to read aloud.

"This is a trustee's foreclosure auction," he announced. "Any parties with interest, please step forward at this time


read here http://www.msnbc.msn.com/id/23287887/

[flip4u]

That’s a sad story, but one that probably holds true to a lot of foreclosure auctioneers. Is this nationwide problem or just in remote locations?

[Lady Flipper]

Auctions do well in rural Oregon... and I mean way rural, lol.

[badmomma]

I would hate to be that auctioneer. I wouldn't want to buy property in my neighborhood that way. I mean you know the people who owned them and I would want to give it back to them.

[Lady Flipper]

I like buying pre-foreclosure. It saves the owners the trouble and stigma of foreclosure, you can view the property freely, and if you can do a short-sale, I.e. get the bank to accept less than owed, you can pick up the best deals in a safe manner.