Foreclosure auctioneer's lonely task
With housing market's downturn, an auction is no longer a hot property
By Nick Miroff
Washington Post
updated 2:43 a.m. ET, Fri., Feb. 22, 2008
WASHINGTON - With an unhurried stride and a fresh stack of mortgage loans gone bad, Rick Crossley arrived at the small plaza outside the Prince William County courthouse on a bright, windy morning recently and found it deserted. He cleared his throat, opened a thick folder and, with little ceremony, began to read aloud.
"This is a trustee's foreclosure auction," he announced. "Any parties with interest, please step forward at this time."
The deliveryman unloading packages nearby paid no attention; a sheriff's deputy gave little more than a passing glance. Crossley continued.
Read more at MSNBC.com.
By Nick Miroff
Washington Post
updated 2:43 a.m. ET, Fri., Feb. 22, 2008
WASHINGTON - With an unhurried stride and a fresh stack of mortgage loans gone bad, Rick Crossley arrived at the small plaza outside the Prince William County courthouse on a bright, windy morning recently and found it deserted. He cleared his throat, opened a thick folder and, with little ceremony, began to read aloud.
"This is a trustee's foreclosure auction," he announced. "Any parties with interest, please step forward at this time."
The deliveryman unloading packages nearby paid no attention; a sheriff's deputy gave little more than a passing glance. Crossley continued.
Read more at MSNBC.com.
posted by Lincoln Appraisal at
8:09 AM
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