Abandoned Homes

[Warren Kiefer]

We have three homes in our neighborhood that have not been lived in for over four years. At times the grass is knee high and full of weeds. When there is no rain the lawns become nearly bare ground. Close neighbors have told me that the two of the homes have been broken into several times and the presence of roaches affect all close neighbors. In addition, there can be no doubt that these deteriorating homes do have a profound affect on the value:mad:s of adjacent properties. I thought our covenents had provisions that would protect us from this kind of problem.

[bike42]

Have you reported them? Enforcement is complalint driven; if no one reports a problem nothing is likely to be done about it.

[njbchbum]

if any of the homes have presented a problem such as you describe - how about calling the county board of health and let them deal with it? if not - take bike42's advice and file a complaint w.district gov. easy peasy.

[rdhdleo]

We had a home behind us that was foreclosed on. Same issue tall grass weeds it went on for quite awhile till people started complaining. Occasionally someone would come and mow but usually it looked bad. We were finally told that if the home becomes bank owned there isn't much TV can do to enforce taking care of things in a timely manner. Finally it got put up for sale and after almost another year it sold. Keep complaining and good luck! Oh the really bad things was it was a corner lot so there was no hiding it from anyone driving through!

[Warren Kiefer]

Have you reported them? Enforcement is complalint driven; if no one reports a problem nothing is likely to be done about it.

It is my understanding that every effort has been made to have something done about the vacant homes. The answer given is, There is nothing we can really do other than have the lawn mowed and bill the owners when possible. I am told that one owner just walked away when the housing market crashed and the owner found he still owed more on the mortage than the property was worth.

[justjim]

Not asking address but what village are these homes located? With prices of both new and pre-owned homes rising, these homes should have a good chance to sell and remodled unless tied up in an estate or lawsuit.

[kaydee]

We have an exact situation going on with the home next door to us. Been sitting empty since May & has been turned back to the bank which happens to be in California. All of us in the neighborhood have been complaining complaining & complaining. Yes eventually the lawn, which for the most part has been lost, will get mowed if that's what you want to call it. The most recent " mowing" job was literally done with a weed whacker so you can imagine how that enhanced the appearance. Shrubs have not been tended to since last spring. I personally went to the deed restriction office this week complaining about the shrubs and mentioned that I am very close to doing the trim myself and I was told not to do it as it could be considered trespassing. It is my understanding that the complaints have to constantly be made, The Villages puts on the pressure to the owners ( banks etc) those property owners then contact fly by night property management co who bid for the jobs & eventually the winner of bid shows up & mows weed whacks or whatever to a few blades of grass and its a done job until a few weeks later we start making the complaining phone calls and the whole fiasco starts all over again in the same exact scenario. It is pathetic. I was told on Monday at the office " lets hope it sells". Not sure how that can happen when in fact there is nothing on the property indicating its for sale. I really thought we were protected from living near this type of situation. BTW, this is in the village of Polo Ridge.

[graciegirl]

Everywhere in this country there has been a problem with people defaulting on their mortgages. We lived in a very nice area in Cincinnati and thought it couldn't happen there. But it did.

That is the reason that people should not retire too early or be underfunded, or buy too much house for their budget and NEED to work to live here. Jobs generally do NOT pay well in this area.

[DonH57]

We have one next to us. A lawn crew came by yesterday and cleaned it up a little. According to the neighbors it's been vacant at least 6 years. No power to the place. I can't imagine how bad the place is with mold and mildew. Really sad how at one time it was a beautiful home.

[Barefoot]

We had a home behind us that was foreclosed on. Same issue tall grass weeds it went on for quite awhile till people started complaining. Occasionally someone would come and mow but usually it looked bad. We were finally told that if the home becomes bank owned there isn't much TV can do to enforce taking care of things in a timely manner.

This is a really interesting thread. As we all are aware, this problem happens outside The Bubble. I guess I'm naive, but I had no idea this is also a common problem in TV. From the posts, it appears that there are "abandoned" homes in a number of different villages. :shocked:. It must be frustrating to live next door to a weed-infested property. My sympathies go to neighbors who are forced to constantly complain.

[Parker]

We have one next door to us in Belvedere village. Empty at least four years. Overgrown, mildew, broken garage door lights, etc. I understand foreclosures routinely take 4-5 years. The banks hold onto the properties in hopes the market will rise again, which it is now doing. Banks should be legally forced to either sell these properties, or to maintain them up to community standards. I remain disgusted by the whole process!

[gomoho]

Complain, complain and complain some more. The squeaky wheel gets greased. Think this is a shame something can't be done. The developer has a LOT of clout, I would think if he got involved this would not be allowed. Just a thought.

[Parker]

Like other posted here, we complained to community standards until we and the neighbors were hoarse, to no avail.

[mfp509]

Have the same situation in my neighborhood - many complaints. Doesn't seem to do any good.

[Bizdoc]

You know, if it is a health hazard, you can call the county health department who can legally do something...

[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?

[justjim]

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?

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! :grumpy:

[2BNTV]

We have three homes in our neighborhood that have not been lived in for over four years. At times the grass is knee high and full of weeds. When there is no rain the lawns become nearly bare ground. Close neighbors have told me that the two of the homes have been broken into several times and the presence of roaches affect all close neighbors. In addition, there can be no doubt that these deteriorating homes do have a profound affect on the value:mad:s of adjacent properties. I thought our covenents had provisions that would protect us from this kind of problem.

I am so sorry that you are experiencing this problem. It must be upsetting as nothing hurts more than getting hit in the wallet.

A friend of mine pointed out that the houise I was thinking of purchasing was next to a house in foreclosure. She mentioned it wouldn't be prudent to purchase the house. Hopefully, in time all these properties will be sold and taken care of.

[Cedwards38]

For foreclosures in The Villages, you'd think those would be a "flippers" paradise, but what do I know.

[njbchbum]

It is my understanding that every effort has been made to have something done about the vacant homes. The answer given is, There is nothing we can really do other than have the lawn mowed and bill the owners when possible. I am told that one owner just walked away when the housing market crashed and the owner found he still owed more on the mortage than the property was worth.

if every effort has been made to get something done - are you at liberty to let us know what local/county health and/or code enforcement officials said after you/neighbors filed a complaint with them? you are in lady lake - are you not?

[justjim]

For foreclosures in The Villages, you'd think those would be a "flippers" paradise, but what do I know.

You think? Those of us that use to remodel homes and sell them are too busy with golf, eating out, socializing and other activities. Most of us have turned in our tools for a checkbook! Besides, most won't admit it, but we are too old for that kind of work.

The younger ones are working on new homes or doing small repair jobs. Seriously, there is probably a market here for fixing up and selling homes. :clap2:

[graciegirl]

You think? Those of us that use to remodel homes and sell them are too busy with golf, eating out, socializing and other activities. Most of us have turned in our tools for a checkbook! Besides, most won't admit it, but we are too old for that kind of work.

The younger ones are working on new homes or doing small repair jobs. Seriously, there is probably a market here for fixing up and selling homes. :clap2:

You are so right. We were just talking about that this morning.

[Bill-n-Brillo]

When we bought our resale house in TV, we noticed that a house across the street looked to be "less than up to snuff". The lawn looked overgrown with spots that had died out, the landscaping was out of control - those were the outward signs. The sellers openly acknowledged that the house was going to wind up in foreclosure - the owners of that house ran into some health and financial difficulties and were no longer living there. It had been sitting empty with no utilities on for about a year at that point.

We weren't delighted about it but we figured it was actually working in our favor - it was part of what held the price down on the home we were buying. It was a detraction to the neighborhood but we felt that it would all work out over time...............and it did. Took about another year or so before the house got on the market. It was sold "as-is" - the bank did nothing to address the issues with the property. It sold in a reasonable amount of time and purchase-price-wise, the new owners got a smokin' deal. But...........they had to pour a bunch of money into the place to get it squared away. Mold issues in the drywall (since all the utilities had been turned off), all new flooring, ripped out the landscaping and started over, and so on. At the end of the day, they now have a very nice home and we're glad they're our neighbors.

Moral: In TV, I don't think a foreclosure in a neighborhood is quite the same as a foreclosure might be in an area outside of TV. It WILL eventually get purchased - probably quicker than a foreclosed home outside of TV - and it WILL get 'made right'. Very disconcerting to the neighbors but it will eventually get resolved.

Bill :)

[Barefoot]

For foreclosures in The Villages, you'd think those would be a "flippers" paradise.

I'm not sure what legalities apply in The Villages. I'm only speaking about Ontario where I was a Real Estate Broker for 20 years. But I suspect the Bank obligations are similar.

One the unique and frustrating problems that the Banks have with marketing foreclosures and power of sales, is that the Bank is under an obligation to get the highest possible market value for the property. A lot of people think the homes are just sold for the "best offer". But the Banks aren't legally allowed to just "fire sale" the home to cover the amount of the mortgage. So it usually ends of being a long, draw-out process.

First the home is marketed at a price similar to other homes in the neighborhood, even though it's been neglected. And then the price is reduced, and then reduced again and again. Thus the Bank can prove to the owner that they tried to get top dollar and failed. And when the Bank finally accepts an Offer, then the owner has to be notified and allowed a certain period of time to reclaim his property. The amount of time and frustration involved is a PITA and often eliminates all but the most dedicated of buyers.

[Cedwards38]

I'm not sure what legalities apply in The Villages. I'm only speaking about Ontario where I was a Real Estate Broker for 20 years. But I suspect the Bank obligations are similar.

One the unique and frustrating problems that the Banks have with marketing foreclosures and power of sales, is that the Bank is under an obligation to get the highest possible market value for the property. A lot of people think the homes are just sold for the "best offer". But the Banks aren't legally allowed to just "fire sale" the home to cover the amount of the mortgage. So it usually ends of being a long, draw-out process.

First the home is marketed at a price similar to other homes in the neighborhood, even though it's been neglected. And then the price is reduced, and then reduced again and again. Thus the Bank can prove to the owner that they tried to get top dollar and failed. And when the Bank finally accepts an Offer, then the owner has to be notified and allowed a certain period of time to reclaim his property. The amount of time and frustration involved is a PITA and often eliminates all but the most dedicated of buyers.

Ouch, that would sure put a crimp in the 60-90 day flip plan wouldn't it, unless you catch one right at the end of this process. Do they eventually reach an auction step?

[Barefoot]

Ouch, that would sure put a crimp in the 60-90 day flip plan wouldn't it, unless you catch one right at the end of this process. Do they eventually reach an auction step?

I've never seen a house go to auction. Usually "normal" Purchasers lose patience with the process and move on. Eventually the Bank reaches a low enough list price that a patient flipper will buy it, do some renovations themselves, and make some money. Some houses are in decent shape, although neglected. All houses are sold "as is" with no warranties or building inspections. I've seen a lot of houses where owners were so angry when they were evicted, that they pulled out the light fixtures and the sinks and toilets and punched holes in the walls. It's a sad business.

[NIPAS K-9]

when we bought our resale house in tv, we noticed that a house across the street looked to be "less than up to snuff". The lawn looked overgrown with spots that had died out, the landscaping was out of control - those were the outward signs. The sellers openly acknowledged that the house was going to wind up in foreclosure - the owners of that house ran into some health and financial difficulties and were no longer living there. It had been sitting empty with no utilities on for about a year at that point.

We weren't delighted about it but we figured it was actually working in our favor - it was part of what held the price down on the home we were buying. It was a detraction to the neighborhood but we felt that it would all work out over time...............and it did. Took about another year or so before the house got on the market. It was sold "as-is" - the bank did nothing to address the issues with the property. It sold in a reasonable amount of time and purchase-price-wise, the new owners got a smokin' deal. But...........they had to pour a bunch of money into the place to get it squared away. Mold issues in the drywall (since all the utilities had been turned off), all new flooring, ripped out the landscaping and started over, and so on. At the end of the day, they now have a very nice home and we're glad they're our neighbors.

Moral: In tv, i don't think a foreclosure in a neighborhood is quite the same as a foreclosure might be in an area outside of tv. It will eventually get purchased - probably quicker than a foreclosed home outside of tv - and it will get 'made right'. Very disconcerting to the neighbors but it will eventually get resolved.

Bill :)
thanks for your advice on that. I totally agree with that. If they hang tight , in the end they will smile all the way to the bank.