Technical Errors In Mortgage Language May Not Be Fatal
AP: Beazer Homes Receives Notice of Default on Senior Notes

TIME: The Boom In Foreclosure Investing

This article from Time magazine's website is slightly off topic for my blog, but interesting nonetheless.  The procedures and principles outlined in the story apply with equal vigor to commercial properties, and I know there are investors who use similar business models to flip commercial real estate.  Of course, the commercial property inventory is no where near as high as the residential properties routinely set for sheriff's sales.

The Indianapolis Star ran a similar story on Sunday the 9th:  click here for the Indiana-related article "Fruits of Foreclosure."

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