Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-content/plugins/jetpack/jetpack.php on line 705
Bank of America taking bulldozer to foreclosed houses ยท WAHomeowners.com

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Bank of America taking bulldozer to foreclosed houses

Bank of America taking bulldozer to foreclosed houses

Bank of America, faced with a glut of foreclosed and abandoned houses it can’t sell, has a new tool to get rid of the most decrepit ones: a bulldozer.

The biggest U.S. mortgage servicer will donate 100 foreclosed houses in the Cleveland area and in some cases contribute to their demolition in partnership with a local agency that manages blighted property.

The bank has similar plans in Detroit and Chicago, with more cities to come; and Wells Fargo, Citigroup, JPMorgan Chase and Fannie Mae are either conducting or considering their own programs.

Read More…

Are you a struggling homeowner? Check out our Avoiding Foreclosure section for resources and tips.