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Real Estate & Property Law

: The Home Equity Theft Reporter

Electric Co-Op Stiffed By Short Sellers Of Vacant Homes Refuses To Turn On Lights For Buyer Inspections; Makes Deals Tougher To Close

By r morris

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In Hudson, Florida, The Suncoast News reports:Withlacoochee River Electric Cooperative policies could pull the plug on potential short sales of vacant homes, a West Pasco real estate leader fears. A gray area exists when a homeowner abandons a home but the bank hasn't officially foreclosed on the property, a WREC spokesman counters. The recession also has saddled WREC with more bad debts.***About

Full post as published by The Home Equity Theft Reporter on November 29, 2009 (boomark / email).

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