Saturday, March 08, 2008

Vacant Foreclosures Create Headaches For HOAs, Code Enforcement Officers, Real Estate Agents, Neighbors In One Arizona City

In Chandler, Arizona, The Arizona Republic reports:
  • A rapid increase in home foreclosures coupled with a wet winter have created a weed problem that has forced neighbors in Chandler to start cleaning up around vacant homes and real estate agents to work overtime to keep properties maintained. The struggle to keep up empty properties is creating a headache for homeowners associations, city code compliance offices and neighbors who live near the eyesores.

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  • [Local Realtor Liz] Morganroth gets about three or four notices a week from HOAs or city code compliance offices, and banks often call her with properties in disrepair. That's prompted her to hire an assistant whose job is primarily property upkeep, she said.

For more, see Foreclosures leave vacant homes blighting neighborhoods.

In a related Arizona Republic story, see Homes left vacant from foreclosure concerns residents.

Go here for other posts on vacant homes leaving its mark on neighborhoods. neighborhood destruction from foreclosures I