Foreclosure Timelines Continue to Grow
Probably the most commonly asked question to Briarpath is: "What do you see the window of opportunity being? How long do you feel you have?" Although that is a tough question to answer, one thing I do know for sure - the window keeps being extended. Everything the government enacts new policies aimed at protecting homeowners or slowing down the rate of foreclosures...it does just that, it slows the process down, but does not reduce the end result. These properties will end up foreclosed upon, but it will 6 or 12 months later than originally. So the window keeps growing. Good news for Briarpath, bad news for real estate in general.
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