Monday, November 26, 2007

Forclosed Homes: Code Enforcement:

With More Foreclosures and Abandoned Homes in Grand Terrace it is time for some Codes directing the Realtors and Banks to comply with the same conditions Residents and Homeowners must.

In addition, when a home is put into default, vacated or listed for sale the City Code Enforcement should be notified. Code Enforcement shall hold the realtor or bank holding title responsible for the monthly care of the lawn, watering, and security of the property. Swimming pools should be drained and made safe.

The Citizens Patrol and Sheriff Deputy should also include these homes as places to keep an eye on for squatters, and other vandals and thieves.

Finally, Bank Owned homes that don't sale should be discounted until they are sold. Perhaps at a rate of 10 Percent Per month until there is a buyer. An empty Million Dollar House is as much Blight as an Empty 400.000 or 50,000.00 home. Banks, Realtors, and Financial Institutions enjoyed the Orgy of increasing property costs and values. It is time the cost of their party is paid by them, not the citizens or those duped into buying at over valued prices.