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Are there foreclosures in your neighborhood? Sacramento, CA has certainly had its fair share of real estate foreclosures. Some neighborhoods worse off than others. The steps to be a pro-active neighbor are not just for Sacramento neighborhoods but can be applied all over the country.
Have homeowners moved out on your street? Are there vacant homes on your street? Have renters moved out and no one has moved in?
Have you seen the remnants of a Foreclosure in your neighborhood? Are you sick of seeing burned-up grass in neighborhoods?
I recently saw what could be a solution to help sell a house where the banks have decided to turn off the water and no one is taking care of the lawn.
Here are some solutions neighbors can do to help preserve their own neighborhoods:
Form a Neighborhood Watch through your local Police Department
Become familiar with your neighbors and know who is living in the houses on your street
Be aware when neighbors move out (many times a house stays vacant for months before a bank is aware that the owner has even moved out.
When a house is vacant, check for trash and put it out for pick-up. Remember, no one is there to do it and trash brings rats into your neighborhood
Park one of your cars in front of the house and rotate them to keep pilfers at bay
Pull weeds and mow the lawn...take turns in your neighborhood and keep up your street
Report broken windows etc to your County officials
Report any suspicious cars or people on the property
It's time that neighbors took back their neighborhood and become pro-active. Don't try to use the water or figure out a way to turn on what has been shut off at a vacant house. As this may cause major flooding inside a winterized house. If water is needed, use your own water.
A proactive approach is always less stressful and will lend itself to being a "good neighbor," while helping yourself in the process.
Someone posted not long ago on the green spray and asked if anyone had experienced it. I attended a backyard wedding a few years back, the owner had the yard sprayed recently. Maybe a little too recently because they had green on their nice light carpeting inside the home.
Just a suggestion about rotating those parked cars, one Rainer agent was about to have a car towed on a home that was about to be listed last week only to find out it was a neighbors, so be careful!
Great article and suggestions wonder why the REO or banks not taking care of these. But it would be nice if neighbors took care of htese things as well. But most people feel like it's not there problem.
Enjoyed the video clip. That would be a great product to use to spot treat a yard that needs a little color!! Foreclosures are an unfortunate circumstance. We are seeing them in the Houston area at ALL levels. In one affluent neighborhood, the next door neighbor bought the house!
Many homeowners miss the importance of providing at least the basic maintenance on a vacant house in their neighborhood. The banks generally won't lift a finger and the city/ county won't help either.
Tom, thanks.
Russell, I think we are headed for a worse time than that. Many have said that we are in this for a decade and if the housing market is not addressed it will drop the housing value much more than what we ever thought.
It's always best to be pro-active especially in an atmosphere where we have such little control within our government. So, I say take control where you can and make lemonade from all these lemons.
Neyla, yes those that actually do their once a week checks.
Jeff, that's a wonderful idea and certainly would impress a neighborhood. You have such wonderful ideas!
Cat, glad that you are taking this and running with it. Newspapers would actually be able to bring some positive news about real estate instead of all the negative there is right now. This has a benefit for all.
Lillie, certainly and if they won't foot the bill, then the neighbors need to contribute either monetarily or physically.
Bob, I hope it helps and spreads the word to all neighborhoods so that we can be pro-active in this devastating situation that we all find ourselves in. There are a lot of positives that can be made with neighbors helping neighbors. Thanks for putting it in your newsletter.
Vicki, give it a shot. Nothing ventured, nothing gained.
Greg Morris, shame on you. Don't you know that it is considered very bad manners to advertise on someone else's blog. I am deleting your comment. Don't ever advertise your services on anyone's blog.
KMG, now to get those in a neighborhood to step-up and follow those easy steps.
Lynda, you had me in stitches about the green on the carpet. So, you actually saw it. Did it look real? With the drought and perhaps getting worse that may be an alternative for a lot of people.
Thank you for a very valid point on the car...I will correct it above so as to avoid that happening. Thank you.
Charles, it is there problem. It hurts THEIR neighborhood which in turn hurts THEIR value.
REO agents don't take care of this since they are already paying all of the utilities each month, repairs due to break-ins etc and don't get reimbursed until several months after the property is sold.
The banks are losing money and have no intention of paying for anything. They have a hard enough time just responding to offers and accepting them.
Russ, not sure what you were trying to say with no water heaters or furnaces. Have they been stolen while vacant or are you saying that they were built without this essentials?
Brian, thanks. I agree. Especially since it would be useless anyway to wait for anyone to come help rescue neighborhoods.
Sonja, sorry to hear that you are experiencing this, too. Buying a neighbors house is a great idea. I have had one person call that wanted to do the same thing.
Glad you enjoyed the video. Never know when something like that might come in handy.
Esko, here in Sacramento, the City is fining the banks for unsightliness. The fines are hefty and mount at a very high rate, daily. Some fines are higher than the actual value of the house.
Gena - What an eye opener. Never realized all of the potential night mares there are when a foreclosure appears in a neighborhood. I am fortunate we don't have any in my town.
I would also add, CONTACT A REALTOR and let them know about the fact that it MAY be a foreclosure. I often look for homes NOT on the market and could potentially offer a solution before it hits the neighborhood and affects the comps...
Great tips! This not only helps the neighborhood and sale, but the agent too. I can imagine that the neighborhood will appreciate an agent who cares enough to help put these activities together. When selling time comes, I have to guess they'd choose (or recommend) the agent who organized such a task.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
35 Comments on 8 Steps to Help Preserve Your Neighborhood From Foreclosed Homes
Excellent post! And the suggestions are simple enough to follow. Great job!
Hi Gena,
Great info for the times!
Someone posted not long ago on the green spray and asked if anyone had experienced it. I attended a backyard wedding a few years back, the owner had the yard sprayed recently. Maybe a little too recently because they had green on their nice light carpeting inside the home.
Just a suggestion about rotating those parked cars, one Rainer agent was about to have a car towed on a home that was about to be listed last week only to find out it was a neighbors, so be careful!
Great article and suggestions wonder why the REO or banks not taking care of these. But it would be nice if neighbors took care of htese things as well. But most people feel like it's not there problem.
Great ideas Many detroit homes have no furnace or water heaters
Good for you, Gena. Solving your own problems before waiting for someone ese to take care of them is always the right choice.
Enjoyed the video clip. That would be a great product to use to spot treat a yard that needs a little color!! Foreclosures are an unfortunate circumstance. We are seeing them in the Houston area at ALL levels. In one affluent neighborhood, the next door neighbor bought the house!
Gena,
Many homeowners miss the importance of providing at least the basic maintenance on a vacant house in their neighborhood. The banks generally won't lift a finger and the city/ county won't help either.
Jeff, that's a wonderful idea and certainly would impress a neighborhood. You have such wonderful ideas!
Cat, glad that you are taking this and running with it. Newspapers would actually be able to bring some positive news about real estate instead of all the negative there is right now. This has a benefit for all.
Lillie, certainly and if they won't foot the bill, then the neighbors need to contribute either monetarily or physically.
Bob, I hope it helps and spreads the word to all neighborhoods so that we can be pro-active in this devastating situation that we all find ourselves in. There are a lot of positives that can be made with neighbors helping neighbors. Thanks for putting it in your newsletter.
Marcia, absolutely you may. I hope that it generates positive neighborhood plans and brings back the pride that should be there on every street.
I had to laugh at your remark. There is always one on every street...I know what you mean.
Greg, you're welcome
Trey, sorry you feel that way.
Kathy, absolutely. The more the better and I hope it makes a profound difference in all the neighborhoods. Thank you.
Vicki, give it a shot. Nothing ventured, nothing gained.
Greg Morris, shame on you. Don't you know that it is considered very bad manners to advertise on someone else's blog. I am deleting your comment. Don't ever advertise your services on anyone's blog.
KMG, now to get those in a neighborhood to step-up and follow those easy steps.
Lynda, you had me in stitches about the green on the carpet. So, you actually saw it. Did it look real? With the drought and perhaps getting worse that may be an alternative for a lot of people.
Thank you for a very valid point on the car...I will correct it above so as to avoid that happening. Thank you.
Charles, it is there problem. It hurts THEIR neighborhood which in turn hurts THEIR value.
REO agents don't take care of this since they are already paying all of the utilities each month, repairs due to break-ins etc and don't get reimbursed until several months after the property is sold.
The banks are losing money and have no intention of paying for anything. They have a hard enough time just responding to offers and accepting them.
Russ, not sure what you were trying to say with no water heaters or furnaces. Have they been stolen while vacant or are you saying that they were built without this essentials?
Brian, thanks. I agree. Especially since it would be useless anyway to wait for anyone to come help rescue neighborhoods.
Sonja, sorry to hear that you are experiencing this, too. Buying a neighbors house is a great idea. I have had one person call that wanted to do the same thing.
Glad you enjoyed the video. Never know when something like that might come in handy.
Esko, here in Sacramento, the City is fining the banks for unsightliness. The fines are hefty and mount at a very high rate, daily. Some fines are higher than the actual value of the house.
Gena - What an eye opener. Never realized all of the potential night mares there are when a foreclosure appears in a neighborhood. I am fortunate we don't have any in my town.
I would also add, CONTACT A REALTOR and let them know about the fact that it MAY be a foreclosure. I often look for homes NOT on the market and could potentially offer a solution before it hits the neighborhood and affects the comps...
Gena,
Great tips! This not only helps the neighborhood and sale, but the agent too. I can imagine that the neighborhood will appreciate an agent who cares enough to help put these activities together. When selling time comes, I have to guess they'd choose (or recommend) the agent who organized such a task.
Great tip,
Mike
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