Before It's News | Popular Money
American Warzone: Foreclosed Houses: Banks Destroying Neighborhoods, Ignore Law
by Monica Davis Bank-repossed houses and real estate litter neighborhoods from sea to shining sea. Gangbangers are using them, so are dope dealers, vagrants, fire bugs and homeless families. Some of these homes have been foreclosed twice. People buy foreclosed property--then can't afford the mortgage and get evicted.
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