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What will happen with foreclosures during COVID-19?

In 2008 when everything went haywire we saw a MASSIVE influx of foreclosures on the market. You couldn’t drive down any residential street without seeing three or four bank-owned properties for sale. Now, the Coronavirus pandemic is a very different circumstance than that of 2008 so I want to talk through how this process works and I will share with you my opinion of what we will see happening in terms of foreclosures.

If you’re worried about your current situation or have any questions, reach out to us – we are here to help you! We work hard to stay up-to-the-minute on the volatile market conditions during this time and we can advise you accordingly. You have many options and possibilities available to you so contact us at 480.378.6700 or email us at contact@gluchgroup.com and let us help you make an informed decision.

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