Bank of America and other Major Banks Giving Away Homes!

By
Real Estate Agent with Bond New York

http://www.bankrate.com/financing/mortgages/bofa-to-give-away-houses/

Many national banks are jumping on the latest band wagon. Giving away homes to be demolished or upgraded to affordable rental housing actually can really help neighborhoods with high foreclosure rates and many abandon homes. Though they aren't doing it out of the goodness of their hearts it can benefit many people. Interesting article, give it a look!

 

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Ambassador
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Suzanne McLaughlin
Wright & Sherburne Counties Realtor
Sabinske & Associates, Inc. (Albertville, St. Michael)

Wow....Batman.  I never thought I would see this.  They were just demolishing homes before.  Maybe they learned a lesson from the backlash.

October 13, 2011 02:41 PM
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Rainer
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Mary Ellen Holleran

NYC Broker
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