Sellers beware: Oregon company offers cash for vacant lots

The Port Townsend Leader OnLine: "If you own a parcel of vacant land and received a letter from an Oregon company offering to buy it recently, you're not alone.

Land Research Foundation of Beaverton, Ore., sent possibly hundreds of letters Aug. 9 saying that the company buys vacant land and holds it for long-term investment. On its website, the company says it buys properties that are either tax-delinquent, in areas where 'the economy is extremely depressed,' or where values are 'not appreciating.'"
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