Comments on: Quick snap shot of recent Snohomish Co. Notice of Trustee Sales (foreclosure) http://raincityguide.com/2008/10/01/quick-snap-shot-of-recent-snohomish-co-notice-of-trustee-sales-foreclosure/ Seattle's Leading Resource for Real Estate Information Tue, 16 Mar 2010 03:19:13 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Kary L. Krismer http://raincityguide.com/2008/10/01/quick-snap-shot-of-recent-snohomish-co-notice-of-trustee-sales-foreclosure/#comment-326072 Kary L. Krismer Thu, 02 Oct 2008 17:40:35 +0000 http://raincityguide.com/?p=2568#comment-326072 I was seeing patterns like that 2 years ago, although I'm sure the volumes are higher now. Only about maybe 20% of the foreclosures had any equity in their homes. Particularly amazing is how quickly some defaulted, on over median priced homes in King County. It made me wonder if there was bank fraud involved, when seemingly they never even made the first payment. I was seeing patterns like that 2 years ago, although I’m sure the volumes are higher now. Only about maybe 20% of the foreclosures had any equity in their homes.

Particularly amazing is how quickly some defaulted, on over median priced homes in King County. It made me wonder if there was bank fraud involved, when seemingly they never even made the first payment.

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