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Is There A NEGLECTED Foreclosed Home In Your Neighborhood? Here's What You Can Do About It

By
Real Estate Agent

Do YOU Live Next To a NEGLECTED Foreclosed Home?

Are Foreclosed Homes In Your Neighborhood Driving Down Property Values?

What can you do about it?

A Murrieta homeowner Mark McKinzie was fed up with the the flood of neglected foreclosures in Southern California.  He lived next door to a foreclosed lawn that had a black lawn  that had been that way since April 2007.  So, he launched his own watchdog web site to hold lenders accountable.

Just go to www.lenderoffender.com

There you can post a picture of the offending property along with information about which bank owns the property. The website then ranks the worst lender offenders, with Fannie Mae topping the list so far.   Mark says it's working.   "I am putting these lenders on the spot in hopes that they will actually take notice of these properties."

Just days after launching www.lenderoffender.com, Wells Fargo contacted mark about this

property and suddenly

 

landscapers showed up to plant a new lawn.

Nothing Beats A Failure (But A Try).

Have A Great Day and

Make This YOUR Best Year Ever

 


Leander McClain, Burlington Township Realtor & Real Estate Consultant, Keller Williams Realty, 1814 Route 70 E, Suite 200, Cherry Hill, NJ 08003, 856-321-1212 Bus., 856-685-1677 Direct

Comments(5)

Bo Hussung
Bell Title /Triserv LLC - Nashvle, TN

Leander, that is awesome! Nothing like some public pressure for individuals and companies to perform

Love it

Bo

Feb 18, 2009 09:15 AM
Harold "Hal" Place
A1 Connection Realty, Inc. - Sun City Center, FL

Morning Leander,

Thanks for sharing this information. We have a couple of properties locally that would benefit.

BTW, like the new picture.

Feb 18, 2009 10:56 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

What a great idea, thanks for the link and information about this site.  There are several in my area that should be added.  Don't know which banks own them, but no one is taking care of them and with spring around the corner, the yards are just going to be more of a mess.

Feb 19, 2009 05:19 AM
Sal Poliandro - Helping People Win
RE/MAX Properties - Ridgewood, NJ
Broker Associate

Leander,

    Great blog. Everyone is responsible for the upkeep of their neighborhood. Especially the banks!

Feb 20, 2009 08:39 AM
Heather Chavez
Second Self Virtual Assistance - Caldwell, ID
Real Estate Virtual, Assistant (928) 692-3235

Great ost, Leander.  Nice to hold people accountable.  I know that my husband and I saw five vacant properties on one street on a nice weekend drive a couple of weeks ago.  It's amazing how quickly things can get out of hand and make a neighborhood look dowdy.

Feb 20, 2009 10:52 AM