Wednesday, November 24, 2010

PNC Owns Empty House, Buyer Sits in Motel as Foreclosure Mess Halts Sales - Bloomberg

This article is really a great commentary on whats wrong with the banking system and how frustrating it can be.

Try calling your mortgage company and ask to speak to someone who can actually answer a question for you. After you go through at least 6 different phone menus, you may finally talk to a human being. Maybe. Usually they can't help you anyway.

Multiply that by 2 or 3 and you have the situation as described in this article:


PNC Owns Empty House, Buyer Sits in Motel as Foreclosure Mess Halts Sales - Bloomberg