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The Other Side Of A Short Sale

Lots of attention, and rightfully so, has been given to individuals who lose their homes because of a drop in the value. But, in many cases neighbors and neighborhoods were severely affected as homes were left to deteriorate. In this case the new owner built a brand new house in concert with other residences on the street. This attractive High Pines house replaced a house  a speculator let become a magnet for teenagers looking for an uninhabited  “party ” house. I bet the neighbors are happy now.

What is your opinion?