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Agents who hawk foreclosures and “REO” properties (or “real estate owned” properties, owned by a lender) frequently promote their potential for “eco-flipping” to investors, notingthat neglected propertiesneeding a lot of work present a blank canvas for the latest green features destined to save energy and also wow prospective buyers.
Eco-Flipping: One Upside of Housing Downturn « PubliCola 2010
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