Tuesday, July 8, 2008

Florida Foreclosures, Miami Beach Real Estate

Fighting Florida Foreclosures, Help from the County?

Depending on the results of a requested report, Miami-Dade County mat begin buying and refurbishing Florida foreclosed homes. On Tuesday the commission passed a resolution directing Mayor Carlos Alvarez to develop within 60 days a plan to utilize federal grants or other funds to purchase the Florida homes in foreclosure. Commissioner Rebeca Sosa stressed that, should the plan move forward, the county must work to protect buyers.

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