Modesto has greatly been impacted by the foreclosure crisis but very little has been done to help solve the issue. A foreclosed property brings down property values for all the homes in the neighborhood, it can increase crime, fire, and health hazards. It is time for Modesto to implement a Clean It or Lien It program. Such property abandonment programs have been successful in other California cities such as Chula Vista and Murrieta and will be very beneficial to Modesto.
The program would hold lenders responsible for their foreclosed properties by forcing them to register the property with the city, then they must maintain their properties to neighborhood standards. The registration lets the city know who to hold accountable for each property, and at a registration fee of $70 a foreclosed property, the city could easily raise over $40,000 to start the program. Then the lenders are forced to maintain their properties or they could be fined anywhere from $100 to $1000 a day depending on the violation.
Such programs have been very beneficial to the communities where they have been enacted and it is time for Modesto to hold lenders accountable and to protect our citizens. Join me and together we can get a Clean It or Lien It program here.
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