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	<title>Arizona Capitol Times &#187; Banking and Finance August 2011</title>
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		<title>Banks as tenants: Cleaning and maintaining foreclosed properties bad for banks, good for specialists&#160;</title>
		<link>http://azcapitoltimes.com/news/2011/08/23/banks-as-tenants-cleaning-and-maintaining-foreclosed-properties-bad-for-banks-good-for-specialists/</link>
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		<pubDate>Tue, 23 Aug 2011 13:21:39 +0000</pubDate>
		<dc:creator>Paul Dagostino, Arizona Capitol Times correspondent</dc:creator>
				<category><![CDATA[Banking and Finance August 2011]]></category>
		<category><![CDATA[arizona realty asset preservation]]></category>
		<category><![CDATA[Banking Services]]></category>
		<category><![CDATA[Banks and Institutions]]></category>
		<category><![CDATA[Financial services]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[realty asset preservation]]></category>

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		<description><![CDATA[The time, effort and money required to upkeep a home that normally would have been put in by the homeowner shifts to the bank when occupants desert their house. Lenders have to pay to clean up their sometimes-trashed properties to get them ready to sell. These properties, which will sell at a drastically lower price than when they were new, are putting a great strain on those institutions’ profitability, which affects their ability to make new loans.
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