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As the foreclosure crisis continues, many lenders find themselves in a position they didn't intend to be in: Owning lots of homes.
The result is a glut of bank-owned homes on the market. One report estimates that mortgage companies resell foreclosed homes in Massachusetts for 80 cents on the dollar, on average.
Here is a look at some bank-owned homes up for sale across the state.
(All photos, descriptions, and other information from the Boston.com Real Estate listings)
The result is a glut of bank-owned homes on the market. One report estimates that mortgage companies resell foreclosed homes in Massachusetts for 80 cents on the dollar, on average.
Here is a look at some bank-owned homes up for sale across the state.
(All photos, descriptions, and other information from the Boston.com Real Estate listings)
Discuss Would you buy a foreclosed home?
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