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New FNMA Guidelines - Leigh Attridge/MA
11/19/2010 8:36:53 AM (4461 views)

Fiber optic outage... - Robert Franco/OH
11/18/2010 9:49:10 AM (3074 views)

[+] Non-Judicial Foreclosure Misposts - William Pattison /CA (6 replies)
11/16/2010 1:07:25 AM (3451 views)

[+] NREIS - Richard Primmer/RI (1 reply)
11/15/2010 6:26:25 PM (3648 views)

[+] Taking Care of our Abstractors... - Jaime  Kosofsky/NC (1 reply)
11/13/2010 9:27:24 PM (3586 views)




Foreclosure fun in the Bay State - Deborah Manion/VA
11/12/2010 10:35:30 AM (4504 views)

[+] fee - iveta todora/VA (4 replies)
11/12/2010 10:26:58 AM (3546 views)

[+] Lenders Allies - Cherie Smurthwaite/CA (2 replies)
11/11/2010 7:53:46 PM (6122 views)

[+] DataChek - Kurt deVries/FL (5 replies)
11/10/2010 2:00:00 PM (3688 views)

[+] New HUD-1 title fees accounting - STEVE MEINECKE/TN (11 replies)
11/10/2010 11:39:26 AM (3517 views)

[+] A change is coming... - Robert Franco/OH (9 replies)
11/10/2010 11:26:20 AM (3868 views)

[+] alvey - melissa smith/VA (7 replies)
11/10/2010 8:38:13 AM (3721 views)

[+] Foreclosure Action Dismissed - FJ Vacated AFTER CT Issued - PAULA DEEM  REYNOLDS/FL (9 replies)
11/9/2010 2:20:36 PM (4110 views)

[+] Comment on "A Barrier to Access" - Source of Title/OH (7 replies)
11/9/2010 12:56:43 PM (3422 views)

[-] "At Legal Fringe Empty Houses Go to the Needy" - Leigh Attridge/MA (10 replies)
11/9/2010 9:25:51 AM (4830 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - George Booth/OH
11/9/2010 12:12:48 PM (3836 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - Slade Smith
11/9/2010 12:51:31 PM (3696 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - Leigh Attridge/MA
11/9/2010 2:44:20 PM (3632 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - Slade Smith/OH
11/9/2010 3:39:50 PM (3700 views)

Here in Columbus, the city sends out maintenance crews on nuisance properties with high weeds, etc..  The homeowner gets the bill, and if it is not paid, the maintenance costs get tacked on to property taxes.  For the neighbors, it's not as good as having someone occupy the home and keep up maintenance, obviously-- the city won't come out until there's already a problem.

If the situation were always like it is in the pictures accompanying the article, with the law-abiding friendly tenants neatly manicuring their lawn, then of course this temporary fix would be a net good thing.  However, I doubt that this situation is typical, and may not even be typical of this would-be adverse possessor's 20 properties.  Someone who moves in under this kind of arrangement is going to probably assume that their tenancy is not a long term arrangement, so they aren't going to have much invested in the future of the property or the neighborhood.  If a gang of drug dealers moves in, neighbors might not be so happy.   Meanwhile, even if you are lucky enough not to have a drug dealer move into the vacant property next door, the boost in the level of maintenance may be fleeting.  If and when it becomes clear to the architecht of the scheme that he is not going to get to keep the property, he will likely abandon all attempts to maintain the property, or assure that his tenants are doing so, or he may just be in it for a few months rent from the very start, never intending to continue maintenance from the start.

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Re: "At Legal Fringe Empty Houses Go to the Needy" - Leigh Attridge/MA
11/9/2010 3:45:59 PM (3707 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - Slade Smith/OH
11/10/2010 12:41:37 AM (7215 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - Leigh Attridge
11/10/2010 8:45:05 AM (3717 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - Jessica Talley/NJ
11/10/2010 11:03:29 AM (3706 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - Leigh Attridge/MA
11/9/2010 12:30:25 PM (3668 views)
Re: "At Legal Fringe Empty Houses Go to the Needy" - PAULA DEEM  REYNOLDS/FL
11/10/2010 10:45:08 PM (3639 views)


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