Boston Real Estate News

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  • Report: Businessman who bid on 6,350 derelict Detroi...

    Oct 31, 2014 | via MLive.com 

    A Detroit businessman and real estate investor who made a down payment on a $3,183,500 "blight bundle" in the Wayne County tax foreclosure auction has several of his own tax debts, The Detroit News reports. Herb Strather, who runs a real estate school called Strather Academy, has reportedly paid 10 percent of the more than $3 million needed to buy 6,350 vacant lots and abandoned homes.

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    Related Topix: Detroit, MI, Foreclosures

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