June 08, 2007
I can't believe what I'm seeing. Here's your chance HP'ers to own a "Countrywide Owned Property". COP. Wow.
I'm truly amazed and that doesn't happen much. "Countrywide Owned Property". Is that like "Lexus Pre-Owned". A badge of distinction? A mark of quality?
Oooh, nice home Bob. Is this a 'Countrywide Owned"? Very nice!!!
Here's Countrywide's website where they list all the homes where the owners simply walked away and gave Countrywide back the keys, and Countrywide couldn't pawn the stench off to your pension fund or China.
Take it for a run, and let me know what you think. And to think, we're just getting started. And yes, Desperate Homedebtors who want to sell aren't just competing with the desperate homebuilders (who dropped prices at least 10% last month in their firesale). They're competing against the lenders who just want the dead wood off their books.
I've linked to the Arizona page, and it's amazing to see the number of homes $500,000+.
Nice move Orange Angelo cashing out those hundreds of millions of $$$ of CFC stock. Nice f*cking move Angelo.
Looking for a bargain on a home?A Countrywide owned property (lender-owned), also sometimes referred to as a REO (real estate owned) home or property is often a way to get a good deal on a home or an investment property. You can use the tool below to search for Countrywide owned properties in your area.