Talk of The Villages Florida - View Single Post - Run Down Reverse Mortgage Houses
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Old 06-07-2013, 02:29 PM
Mack184 Mack184 is offline
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If you use the real estate website Trulia and go home hunting in TV (32162)without turning on the "foreclosure" filter it is amazing just how many homes in TV are either in short-sale, full or pre-foreclosure status. It's rather eye opening.

As far as compliance goes, the community standards board, lawn gestapo or whatever else you want to call them can levy fines, but there's not much that they can really do, and in almost every case, those homes that are in violation are owned by people in some stage of bankruptcy which means that most of those fines cannot legally be collected. The fines only work if the homeowner is solvent, and if the bank has taken possession of the home, it's pretty hard to make them pay up. The best you can hope for is that a new buyer comes along and fixes things up.
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