Are Banks Smart?
Please! first thing banks do when they get a property back is disconnect the electricity. That disables the sump pump. Now the basements floods every time it rains. Then molds starts growing on the walls. Or better still, forget to winterize the house so the pipes explode in kitchen or leakage all over house forcing them to give huge discounts to sell the house to somebody like me.
Saw four houses in the last month, same story on all of them.
Good for us! Bad for banks.
I love stomping the banks.