Cities and Towns Fighting Urban Blight by Issuing Property Violation Fines to Owners of Foreclosures

Aug. 4, 2012 - PRLog -- Municipalities Across the United States Fighting Urban Blight by Issuing Property Violation Fines to Owners of Foreclosures

Bank Owned Properties Need to Be Cleared Out, Cleaned Up and Maintained

Bank-owned homes need to be cleaned and maintained. You may ask why. Why would anyone care about a vacant and seemingly abandoned home? It's simple. Banks have to maintain these properties or they will be issued hefty property violation fines by the counties in which these homes sit.

Cities and Towns are Raising Cash by Issuing Hefty Property Violation Fines

Remember, counties are hurting because a great number of homeowners have not paid their property taxes. The issuance of fines by counties that may have been more lenient in the past is fast-becoming a thing of the past. This initiative by municipalities to raise cash has led to strategic citation processes that are proving to be powerful weapons to fight urban blight.

Overgrown Yards, Dirty Pools, Roof Damage, Crime, Drugs

If a yard is overgrown severely, a pool is sitting full of stagnant water, a roof is caving in, or it's clear a property is a magnet for crime and drugs, the counties will fine the property owners. And in many areas of the country, the owners are now the lenders and banks.

Why Many Banks Are Not Foreclosing


Ever wonder why some banks take so long to foreclose on empty homes? Click to find out why and to read full article: http://www.foreclosure-cleanup-blog.com/?p=7213 -- Counties Fighting Urban Blight by Issuing Property Violation Fines to Owners of Foreclosures.