Check out the article in the Richmond Times Dispatch today titled "Housing Problem Expands in Region". You can find it online at http://www.timesdispatch.com/rtd/news/local/article/foreo4_20090103-212020/168229/. This article details the foreclosure market in the Richmond area. This is a great opportunity for buyers. The renovation loan as discussed on my posting yesterday can bring new life to these houses and provide affordable homes for buyers.
Wythe
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