Neglected and abandoned properties are not only an eye sore they can be havens for rodents and vagrants. Properties allowed to go uncared for has a tremendously negative impact on surrounding property values in neighborhoods.
CNN reported about a new website, called Lender Offender, which allows anyone to post pictures along with addresses of the neglected and abandoned, lender owned homes. Several lenders who own these properties have taken care of the problems just to avoid the embarrassment. Please use this site and pass it along.
If we get lucky this could have a side benefit of forcing the lender-offenders to move more quickly to move these properties versus locking the banks into long term maintenance programs.
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