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Originally Posted by Cedwards38
I'm surprised by this too. All homes in my neighborhood (Sanibel) appear to be occupied and receiving upkeep, but I'm curious as to the number of homes in The Villages that are abandoned or under foreclosure. Is that data available anywhere?
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After sitting for years (especially without electricity), there are real problems with a house in Florida. If its a foreclosure and the mortgage is local there is a small chance to have some closure reasonably quickly. Out of State---different story.
The Village of Sanibel is new----so like you said---I don't see any abandon homes. In my Illinois city of over a 100,000 population, the city council just voted funds to demolish 30 houses. Like others mentioned its a nationwide issue. In a CDD, I'm not sure how the process works. If I had to guess, it has to go through the courts---attorney fees etc. etc.
Our courts have a problem getting anything done very quickly so it's not always the fault of the Bank. Too many laws and regulations to get things done in a reasonable time!
