
“Banks and lenders are in the business of making loans rather than managing property, so many have little or no staff to oversee the homes’ upkeep. Yet with foreclosures mounting, they have more property than ever before to manage. That’s why ‘board-up’ guys like Norton have no lack of work. ‘The business has picked up quite a bit,’ says Norton, who began taking on ‘board-up’ jobs in 2006 and now handles five to 10 jobs a week. ‘Banks can’t just let the properties sit there.’” [Link]
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