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Nick Miller's Blog – June 2010 Archive (1)

NSP Funds

Anyone else seeing an increase in activity due to NSP funds? We have a couple of non-profits using NSP funds to purchase low income properties. These non-profits are getting unlimited funds from the state government and are making full price offers on some pretty bad properties. Not a bad deal for the seller. The down side is that they are putting a lot of investors, you know, the guys that have been buying all of these blighted homes and the ones that will be buying them when the NSP funds…

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Added by Nick Miller on June 11, 2010 at 10:28pm — 2 Comments

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