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Meeting The Challenge Of Distressed Property Investors In America’s Neighborhoods

Investors are taking advantage of the economic and housing crisis by purchasing REO and distressed properties, which is having a profound impact on communities. Some investors are helping to stabilize neighborhoods while others are making matters worse as their lack of attention to properties worsens already depressed areas. This report provides detail on how investors operate and describes the impact they are having on neighborhoods, plus provides governments and local agencies with ideas for responding to these trends.  Read more

SOURCE: LISC