Miami To Buy Foreclosed Properties

November 5, 2008

Miami received more than any other jurisdiction grant money to buy, rehab and sell bank owned properties. This money is not for homeowners in pre-foreclosure or to prevent homeowners from losing their homes.  http://www.miamiherald.com/business/story/756991.html. They are buying bank owned properties, meaning the houses are vacant and has already gone thru the foreclosure process. The homeowners are long gone. I wonder how much of that money will be used to rehab since alot of these homes that are vacant have been trashed and vandalized.

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Foreclosure

June 25, 2008

Foreclosure

Foreclosure

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