Tuesday, June 10, 2008

Who dropped the ball? - Las Vegas Sun

Who dropped the ball? - Las Vegas Sun: "Banks and other mortgage lenders are turning out to be lousy neighbors. Foreclosed homes featuring brown lawns and fetid swimming pools litter the Las Vegas Valley because the lenders that hold title have failed to keep the properties up.

The epidemic is especially acute in neighborhoods regulated by homeowners associations, whose rules require property owners to maintain their properties. Enforcement of those rules is another matter, however."
Thanks to Monica Caruso and Fred Pilot, who both sent me this link. Hold onto your hats, because this is going to be a long and bumpy ride.

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