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UPDATE on Property Condition of Foreclosed homes

By
Real Estate Agent with Keller Williams Realty

A couple of weeks ago I wrote this blog about the condition of foreclosed homes in our area.

http://activerain.com/blogsview/415317/Property-Condition-for-Foreclosed

Some of you may remember the picture of the pool I took:

Pool

I did not approach the city council, but it seems it was on their minds as well.

Negligent owners in Indio could be fined

Xochitl Peña • The Desert Sun • March 21, 2008

http://www.mydesert.com/apps/pbcs.dll/article?AID=/20080321/NEWS01/803210392/-1/NLETTER01&source=nletter-news

 

A new law goes into effect April 4 targeting abandoned homes with overgrown landscaping, stagnant pools and other eyesores that scream "empty" to squatters.

The law requires that abandoned properties be registered with the city and maintained. If not, the owner - usually the bank in foreclosed situations - could face fines or criminal prosecution.

 

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Has your area been forced to take any steps to maintaining public safety and appearance?

Josué E. Silva
Tierra Antigua Realty - Tucson, AZ
Wow, I've never gotten a situation like that yet (w/ my short sales). Interesting there is no law like that here in Tucson Arizona as far as I Know. People should vent their frustrations by yelling on the hill tops instead of leaving tons of work and possible health hazard to others and their surroundings.
Mar 21, 2008 03:49 AM
Lorraine or Loretta Kratz
Crescent Moon Realty, Inc. & Land N Sea Auctions. - San Marcos, CA
Certified Negotiation Consultants

Mark:

Here is San Diego, we have not quite reach the level of where the local law enforcement entities are doing anything about the abandoned homes. I for one think that we should not wait until we have an abundance of homes that scream vacant before we do something.

Mar 21, 2008 04:18 AM
Gene Wunderlich
1st Action Real Estate - Murrieta, CA
Realtor & Legislative Liaison
Murrieta just did the same thing with an abandoned property ordinance going into effect 4/4 and I think Lake Elsinore is following suite. The bank has to register the properties and provide for their maintenance etc. and there's a fine schedule up to $1,000/day or $1000,000 per property for violations. It's a good ordinance - we had a chance to work on it with them before they passed it, but it's gonna be a nightmare to enforce.
Mar 26, 2008 06:06 PM