OK, here’s a case of some really bad timing.

The surplus of foreclosed homes and condos is starting to pile up around the country.

It’s a huge reservoir of dirt-cheap properties just ready to burst onto the market when banks and other lenders decide to clean house.

But just as the number of bank owned properties is swelling amid the recession, the average buyer is growing increasingly wary of the idea of putting money down for some battered and banged up foreclosure special.

Full story is available on Boston.com