Wisconsin Banking Update
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Foreclosures Create Eyesore Properties
Posted on August 20th, 2010 No commentsProperty violations are increasing in Madison, due in large part to foreclosures that have risen 302 percent in the past five years. “The bank has no interest in the property until a certain time,” said Mark Werner, whose Oregon-based company, Inside Out Home Services, contracts with banks to clean up foreclosed properties for resale, in the Wisconsin State Journal. This summer, his crews are cutting 140 lawns in southeast Wisconsin, up from 80 last summer. Read the State Journal article.
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