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Real Estate & Property Law

: The Home Equity Theft Reporter

Tenants Across The Country Feel Effect Of Landlords Facing Foreclosure

By r morris

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ABC News reports:As landlords find themselves owing more than their properties are worth, some have simply walked away, leaving garbage to pile up. Others have disappeared into bankruptcy, with unpaid utility bills. Some have tried to reduce their losses by neglecting basic maintenance. "There are 100,000 apartments teetering on the edge" in New York City alone, said Harold Shultz, senior fellow

Full post as published by The Home Equity Theft Reporter on February 27, 2010 (boomark / email).

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