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November 16, 2009

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User profile: gmbell

Joined: June 9, 2008

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Brentwood, CA a small city east of San Francisco has a city ordinance requiring the owner keep the properly up and if they don't the city does and liens the property. Banks are so dumb they would rather let the property deteriorate to the point that first time buyers cannot buy the property. First time buyer’s barley has the down payment let alone the money to fix up the property. It's great for investors but investors will not pull us out of real estate mess it takes first time buyers. In addition to pulling down the value of the foreclosure all the properties in that neighborhood loses value. I sent an email to my ward 2 council man and never got a response so I guess he is to busy to take up an issue that would benefit homeowners.

(Suggest removal) 6/9/08 at 8:40 p.m.

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