http://blogs.kansas.com/business/2008/11/03/how-spain-is-dealing-with-its-mortgage-crisis/ Insights into Wichita business from the staff of Business Today Mon, 23 Nov 2009 21:20:56 -0600 http://wordpress.org/?v=2.8.5.2 hourly 1 http://blogs.kansas.com/business/2008/11/03/how-spain-is-dealing-with-its-mortgage-crisis/comment-page-1/#comment-1603 bth Mon, 03 Nov 2008 16:28:25 +0000 http://blogs.kansas.com/business/?p=769#comment-1603 Although various 'workout' methods might be expensive they remain far LESS expensive than the alternative of foreclosure. A bank takes a very big hit when they have to take a property in a down market, fix it up, maintain it, and try to sell it. Although various ‘workout’ methods might be expensive they remain far LESS expensive than the alternative of foreclosure. A bank takes a very big hit when they have to take a property in a down market, fix it up, maintain it, and try to sell it.

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