Listen to the story here:
http://www.npr.org/2013/09/12/221636531/calif-city-proposes-unique-plan-to-avoid-foreclosures
Happy Investing!
Eminent Domain to Forestall Foreclosures?
avoid foreclosure
avoiding foreclosure
City of Richmond foreclosure
eminent domain and foreclosures
mortgages through eminent domain
prevent foreclosure
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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