Cost of Maintaining Foreclosures Tag

We see a TON of lawncare being performed as well as utility bills, vandalism repair, cleaning, and other preservation tasks that are super expensive.  The only positive note is that several contractors and crews are being employed to conduct all this activity.  However some really take to the fact that they are a "government employee." -- On the subject of foreclosures, Jonathan Karl of ABC News/YahooNews reveals why taxpayers are paying millions of dollars to mow yards of government-owned vacant properties. The housing bailout has already cost taxpayers $124 million, he said, and...

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