October 14, 2011 12:23 Age: 2 yrs
Alexander on banks opting to demolish vs. resell
In a market flooded with abandoned and foreclosed properties, in some cases banks are finding it more profitable to raze homes rather than try to resell them.
Emory Law’s Sam Nunn Professor of Law Frank S. Alexander was quoted in an American Public Media “Marketplace” story aired Thursday on how the process is working in Ohio.
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