With all the talk about the recent $700B government bailout, increased foreclosures, and concerns about the economy one county in Florida has come up with a plan to clean up a large number of REO properties.
Fortunately, the York County area hasn’t been hit nearly as hard as the entire state of Florida in terms of a real estate market gone bad, so I don’t think this would be necessary here, but it’s certainly a unique twist.
What do you think. Is it a good idea? Would it work in every area of the country?
Check out this video to get all the details: