Robert Lewis

Recession enables public trusts to buy land for conservation

The Great Recession may have devastated development across the region, but it has proven a boon for public land trusts, nonprofit groups that use public funds and private donations to buy land for conservation.

These public trusts have been snapping up large tracts of land or buying conservation easements -- agreements in which landowners essentially promise not to allow development on their land in exchange for money -- while developers have been sitting on the sidelines or going out of business.

Foreclosure.com creator now faces foreclosure herself

SACRAMENTO, Calif. -- Alexis McGee, founder of Foreclosures.com, made a national reputation by helping investors find and buy distressed properties whose owners were struggling to stave off foreclosure.

Now those investors might have an unlikely prize in a large new Craftsman-style home in Fair Oaks, Calif., that's scheduled for sale on the courthouse steps early next month.

The distressed owner?

McGee herself.

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