foreclosed properties, and two million more are in the foreclosure pipeline. Banks desperately want to get these properties off … made the mistake of trying to get foreclosure prices via short sales and pre-foreclosures before the bank has reclaimed the … property. They've been burned by endless delays and uncertainty of the messy foreclosure process. With bank-owned properties …

We examine foreclosure discounts and their subsequent impact on investor returns in Berlin's housing market from 1984 … that foreclosure discounts, ranging from 20% to 50%, are significant and persist over time. In a repeat sales approach, in … foreclosure follows a regular sale, the average annualized returns are 9.6 percentage points lower than in matched non …