Shadow inventory rocked by foreclosure snafu

Naturally, the process kept the market from correcting and added vast numbers of foreclosed homes to the shadow inventory. During this same period. rates up to 12 times greater than the Fed’s rock.

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The shadow inventory however is slightly different from the inventory just described above. The shadow inventory can best be defined as the homes that are very likely to be up for sale soon but are not right now. A majority of these homes that make the shadow inventory are homes that have been foreclosed.

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Find the best foreclosure homes listings for sale – bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others – in and near the Cleburne County, AR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cleburne County, AR and much more.

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Shadow inventory is whereby the owner of the property is no longer making mortgage payments and yet has not listed the property, so it sits in the shadow. Most of these homes will become short sale properties and the rest will eventually become foreclosures. The only inventory available to a buyer is active inventory.