That’s a vexing question asked by realtors, homeowners, attorneys and increasingly judges.
There is no one, certain answer, but there are a wide range of factors that play into the unwillingness of banks to make reasonable business decisions.
Top on that list are government incentives and bailouts that subsidize otherwise irrational business decision-making, oh and then there are the complex financial products that have twisted up title and real estate so tightly that no decisions can be made.
The attached article delves into the question and helps answer the question…..
