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Rental options sought on foreclosed homes

Posted on 11 August 2011

The Obama administration is seeking investors’ ideas for turning thousands of foreclosed properties owned by government-backed entities into rental homes.
The move is intended to put a floor under declining home prices by creating a way to deal with hundreds of thousands of potential foreclosures in coming years……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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