Thursday, May 07, 2009

Once Again, Texas Leads the Way

Are Bulldozers Now The Best Neighbor? - Realty Check with Diana Olick - CNBC.com: "So this is what it has come to.

A bank in Texas is bulldozing four brand new homes and twelve nearly finished homes in Victorville city, California, about 85 miles northeast of Los Angeles. Guaranty Bank of Austin acquired the homes in foreclosure and is destroying them, reportedly, to provide a 'safe environment' for the neighbors."

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