I’m just back from the SBOC conference in Lisle, IL and the OBOA and MVBOC joint conference in Dayton, Ohio. One of the things I especially enjoy, in […]
Vacant Property Toolkit Available
The Vacant Property Toolkit from the Business and Professional People for the Public Interest is finally ready and posted on its website at http://www.bpichicago.org/VacantPropertyResources.php I’ve written about this […]
Frustration in Dealing with Foreclosed Properties
I’m recently back from the Region III conference in Brooklyn Park, MN put on by AMBO. This year I stayed an extra night courtesy of Mother Nature (my […]
MERS and tracing lenders on properties
For anyone who is not aware of it, MERS was created by the mortgage banking industry to streamline the mortgage process by using electronic commerce to eliminate paper. […]
Keeping Occupants in a Foreclosed Home
Once again, I’m thanking Kelly Anbach, inspector for the Village of Hinsdale for finding out about a new program. Detroit is working with lenders to keep foreclosed homes […]
Problems Ahead for Commercial Real Estate
Commercial building foreclosures are going to be a big problem in 2010. Many communities already have these “zombie” buildings which were built during the good times but have […]
High End Homes in Trouble
Inspectors in communities with high end homes should be vigilant in light of a recent Wall Street Journal article. http://online.wsj.com/article/SB125530360128479161.html?mod=rss_US_News Foreclosures are rising in the top end of […]
Where is the Foreclosure Crisis the Worst?
There is an interesting map that show the distribution of foreclosure properties throughout the United States. You can find the map at http://data.newyorkfed.org/creditconditions/ It is courtesy of the […]
Best Practices in Monitoring Vacant and Foreclosed Buildings
Tom Pahnke, an inspector for Manhattan, IL, commented on my recent post about people selling things out of their foreclosed homes. His town has a best practices procedure […]
Damage to Foreclosed Properties
The Chicago Sun-Times has an interesting article in the paper today about how many homes are being stripped of everything before the lender takes possession. Certain items are […]