Honest answers to your bankruptcy questions

[Todd]

In what ways do you think this might effect the real estate market? What kind of short term opportunities might there be? thanks

[BankruptcyGuy]

In what ways do you think this might effect the real estate market? What kind of short term opportunities might there be? thanks

I'm hoping that it helps clear the real estate market up in Detroit. Put another way, it's taken some work for title companies to really dig into the chain of title and tax/lien issues on properties. Detroit's not really efficient that way. It can be cleared up.

I'd like to see [[not holding my breath) strict enforcement of code with more money allocated to inspectors. That would certainly help as well.