Bank repossessions balloon in August

Posted by Iva Radman – email

RICHMOND, VA (WWBT) - The number of bank repossessions in the Richmond area ballooned to 412 in August -- that's up 100% from the same month a year ago, according to an online research report, RealtyTrac.

The good news is notices of a trustee sale, fell 13% in the region last month from a year ago.

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