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Real Estate & Property Law

: The Home Equity Theft Reporter

Chicago Lawmakers To Offer 5% Kickbacks For Reporting Vacant, Deteriorating Foreclosures In Effort To Persuade Lenders Into Maintaining REOs???

By r morris

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In Chicago, Illinois, CBS2chicago reports:Ratting out your neighbors could have its rewards ? at least when it comes to those living near crumbling, foreclosed homes. As CBS 2's Kristyn Hartman reports, tell the city about one and you could get paid ? if an ordinance one alderman is set to propose, passes. "Our neighborhoods are becoming ghost towns," said Action Now President Michelle Young.***

Full post as published by The Home Equity Theft Reporter on July 24, 2010 (boomark / email).

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