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Real Estate & Property Law

: The Home Equity Theft Reporter

Prohibitive Repair Costs May Be Cause Of Foreclosing Lenders Avoiding Taking Title To Properties Securing Delinquent Loans

By r morris

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In Akron, Ohio, WKYC-TV Channel 3 reports:Neighbors say the Hite Avenue home has set empty for more than six months, another casualty of the foreclosure epidemic that has ripped across Northeast Ohio. After Friday's sheriff's sale, the home will likely sit empty a while longer.Wells Fargo, the bank that foreclosed on the South Akron home, failed to show up at the auction to at least match the

Full post as published by The Home Equity Theft Reporter on March 06, 2010 (boomark / email).

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