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Distressed

real estate, housing, home, property

ConsumerWatch: Oakland Firm Turns Distressed Properties Into Occupied Homes

An Oakland company that touts itself as part of the solution to the mortgage crisis is buying up distressed homes, fixing them up, and renting them out at market rates. Renters who complete a year or more of successfully renting a home may have a chance to buy it.

CBS San Francisco–08/29/2011