In the fourth installment of a series of Cuyahoga Land Bank FAQ videos, Land Bank President and General Counsel Gus Frangos explains how the Cuyahoga Land Bank acquires properties into our inventory.
There are three sources:
1) REO (Real Estate Owned) Properties. This includes banks, Fannie Mae and HUD.
2) Tax foreclosures of vacant and abandoned land
3) Housing Court referrals and individuals that donate properties.
Watch ‘How do you get properties into your inventory?’ on YouTube: