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2. National Community Stabilization Trust - Wikipedia

   en.wikipedia.org/wiki/National_Community...

   Using philanthropic and public sources to leverage private capital for neighborhood stabilization activities, the REO Capital Fund was created to help municipalities and community-based organizations finance the acquisition, rehabilitation and interim holding of distressed properties to maximize their on-the-ground impact in neighborhoods hard ...

3. Bank walkaway - Wikipedia

   en.wikipedia.org/wiki/Bank_walkaway

   The GAO found that in the period January 2008 to March 2010, mortgage servicers charged off 46,000 properties, with 60 percent of the charge-offs occurring before an initial foreclosure filing was made. In this period, Detroit, Michigan had the highest number of bank walkaways, with Chicago, Illinois being second.

4. RealtyTrac - Wikipedia

   en.wikipedia.org/wiki/RealtyTrac

   The site has over 1 million "distressed" properties in its database at any time. In 2008 they had 150 data collectors, who collected data directly from notices posted on courthouse noticeboards or from county recorder offices. [7] [8] The site charges a monthly fee for access to their listings. The company provides data to MSN Real Estate, Yahoo!

5. AOL - Finance News & Latest Business Headlines - AOL.com

   www.aol.com/real-estate

   Michael Jordan's Chicago Mansion Sells for $9.5 Million After 12 Years on Market The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 1 ...

6. 'It can be done': Why this group renovates distressed ... - AOL

   www.aol.com/done-why-group-renovates-distressed...

   The city's goal is for 70% of Homes MKE rehabs to be sold to owner occupants. Miller said the city tries to keep the sale prices of the homes, including larger houses such as duplexes, between ...

7. Econohomes - Wikipedia

   en.wikipedia.org/wiki/Econohomes

   It's known as real estate owned properties (REO), and specialty financing across the United States. [1] [2] The company buys distressed residential properties wholesale and resells them online at prices under $100,000. Buyers are mostly made up of investors who renovate and resell or rent the properties. [3]