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Bank-Owned Foreclosure Condos Present Affordable Opportunities

Groups in New York State are looking at buying foreclosed condos and transforming them into affordable multifamily properties, a trend that is creating win-win situations for developers, banks and renters.

SOURCE: Real Estate Blog, 12/6/10

URL: http://www.biggerpockets.com/blogs/970/blog_posts/10664-bank-owned-foreclosure-condos-present-affordable-opportunities