March '10 had the highest foreclosure activity ever, nationwide. Currently, "distressed"sales (short sales or bank-owned resales of foreclosures) represent 29% of all housing transactions in the United States. The future holds more trouble for this area: one in 10 Virginia mortgages is delinquent or in foreclosure.
At 3pm April 16 at the Albemarle County Courthouse, three $1M properties could
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