Seattle Real Estate Investor
Real Estate Investing, Seattle, Washington
Thursday, September 12, 2013
Eminent Domain to Forestall Foreclosures?
Very interesting news from California on National Public Radio this morning. The City of Richmond is looking at a unique approach to forestall foreclosures by purchasing mortgages on underwater properties using the City's power of eminent domain.
Listen to the story here:
City of Richmond foreclosure
eminent domain and foreclosures
mortgages through eminent domain
Post a Comment
Post Comments (Atom)