Oakland councilman to lead foreclosure tour

May 15, 2009 6:59:07 AM PDT
Oakland City Councilman Larry Reid will host a bus tour of foreclosed and vacant properties throughout his district in East Oakland on Saturday.

MOST POPULAR: Video, stories and more
SIGN-UP: Get breaking news sent to you from ABC7 News

Reid said the idea is to match potential buyers with the properties that are listed for sale and are vacant.

He said housing consultants, lenders, real estate associations, city departments, non-profit agencies and credit counselors will be on hand to address potential buyers' needs and questions.

Reid said he wants to do something about "vacant blighted properties that have become an eyesore in our neighborhoods due to the foreclosure crisis."

The event will run from 10 a.m. to 4 p.m. on Saturday, with five buses leaving at various times.

The web site for people who want more information or to register for the event is www.oaklandnet.com/bustour.

       Today's latest headlines | ABC7 News on your phone
Follow us on Twitter | Fan us on Facebook | Get our free widget


Load Comments