Richmond hopes to seize mortgages of up to $1.1 million through eminent domain

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Aug. 16, 2013

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Some 43 of the mortgages the city of Richmond, Calif., plans to acquire through eminent domain have balances of more than $600,000, the Wall Street Journal reported. The largest mortgage has a balance of $1.12 million and the city has ...

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