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Real Estate & Property Law

: The Home Equity Theft Reporter

As Builders Of Partially Built Projects Take A Hike, Some Lenders Have Found Themselves Reluctantly Becoming Real Estate Developers

By r morris

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In South Florida, the Daily Business Review reports:When lenders threw millions of dollars at residential projects throughout South Florida, they probably didn?t expect that one day they?d take on the role of developers and begin running projects themselves. To their dismay, that day has come. From finishing construction of incomplete projects to forming real estate units to manage foreclosed

Full post as published by The Home Equity Theft Reporter on March 20, 2009 (boomark / email).

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