Tuesday, September 6, 2011

Cities have trouble selling fixed-up foreclosures

They've got the homes. They just need buyers.

Local communities have been using millions of federal dollars to fix up and resell foreclosed homes in an effort to battle blight and to protect surrounding property values, but those neighborhood revivals are being hampered by rehabbed homes that cities can't unload.

Read the rest of the article at Sun-Sentinel

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