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Developers can be sued for risky home sales (access required)

Published: September 23, 2011

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Developers could be sued for allegedly injuring homeowners by causing a drop in property values through sales to individuals with a high risk of foreclosure, the 9th Circuit has ruled in reversing a dismissal. The plaintiffs are individual homeowners who purchased houses in new developments constructed by one of eight large national home-builders between 2004 and ...
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