The Washington Independent

Posts Tagged abandoned properties

America’s Abandoned Cities: Detroit Pranksters Make Playthings of Empty Buildings

By | 11.06.09 | 9:23 am

Pranksters with too much time on the hands are alleviating their boredom by scavaging around Detroit’s ample supply of abandoned and vacant properties, The Wall Street Journal reports. A staff  videographer even documented a group of perpetrators in the act of pushing a dump truck out a fourth-floor window More…

More Problems With Bank-Owned Homes: Sometimes You Can’t Really Buy Them

By | 04.13.09 | 10:59 am

As we’ve noted previously, neglected and abandoned bank-owned foreclosed homes have caused problems with neighborhood blight and falling property values, in some areas. The Washington Post today reports on another difficulty with these Real Estate Owned (REO) properties. Sometimes banks are so overwhelmed by the number of REOs More…