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Environmental Issues Arising At Abandoned Unfinished Developments; Insolvent Builders, Lenders Afraid To Foreclose Both Disclaim Responsibility

By r morris

In Cartersville, Georgia, The Gainseville Times reports: The foreclosure crisis has been devastating to the U.S. economy, and now it appears the environment is suffering as well. Bert Langley, manager of the Georgia Environmental Protection Division?s Mountain District in Cartersville, said he?s seen numerous cases where a developer or builder abandoned a property, leaving no one to monitor

Full post as published by The Home Equity Theft Reporter on December 04, 2008 (boomark / email).