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N.Y. Finding (Foreclosure homes) Use of Condominiums on Repo List

The city of New York is planning to convert unsold apartments and condominiums on repo list into affordable houses for its residents. As luxury developers struggle to fill empty units on condominium buildings or obtain financing to continue construction on stalled projects, many empty condominiums languish on the market, further … foreclosure listings

The wave of foreclosure in South Florida continues to gain momentum as two more prominent residential projects are facing the possibility of being added on REO property listings. Lenders have filed foreclosure actions against residential projects: a Delray Beach condominium and marina development and Country Lake at Palm Beach rental complex. A … foreclosure listings

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