The evidence supports this explanation, since it is not only lenders that overestimate the value of properties acquired in the sheriffs sale
, but all parties, including federal agencies and investors.
In the final round, a group called the East Side Organizing Project helped the couple pull their house out of the sheriffs sale
and got them a lower-interest loan.
Fortunately, we no longer sec the "foreclosure crisis" in the news, no more robo signing, no more sheriffs sales
, and "the half builts" have mostly been snapped up and arc completed.