Listen to the story here:
http://www.npr.org/2013/09/12/221636531/calif-city-proposes-unique-plan-to-avoid-foreclosures
Happy Investing!
Showing posts with label City of Richmond foreclosure. Show all posts
Showing posts with label City of Richmond foreclosure. Show all posts
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:
http://www.npr.org/2013/09/12/221636531/calif-city-proposes-unique-plan-to-avoid-foreclosures
Happy Investing!
Listen to the story here:
http://www.npr.org/2013/09/12/221636531/calif-city-proposes-unique-plan-to-avoid-foreclosures
Happy Investing!
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