01/08/2009

Ga. police offered foreclosed homes

By Rhonda Cook
Atlanta Journal-Constitution

ATLANTA — Fulton County Commissioner Robb Pitts thinks he's found a way to keep police officers from leaving their jobs and to solve the home foreclosure crisis at the same time.

For $2,500 down, a promise to stay with the same police department for at least 15 years and an agreement to pay taxes, utilities and upkeep, an officer could get a foreclosed house without any other payments. The lender, in return, would get the public's "good will for doing this," and possibly a credit on Fulton County taxes.

Full story: ...
LexisNexis Copyright © 2013 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.   
Terms and Conditions Privacy Policy
Back to previous page