Descrição
It's the same old story around town -- a foreclosure turns into a rental. But this story has some interesting twists.
3201 S. Washington is a HUD-owned home; however, it appears to have been rented out. Around September, I noticed there was a "For Rent" sign. Now there are tenants -- and they're using their lawn as a parking lot.
Here are the issues:
A.) Let's figure out if a HUD-owned home can be rented. If so, then that's how it goes. It's odd that HUD can sell a home and then that buyer can immediately turn it around as a rental.
B.) Let's stop the lawn parking. It contributes to a blighted area.
Thank you!
11 Comentários
Ron (Utilizador Registado)
Ron (Utilizador Registado)
Carol Wood (Utilizador Registado)
Ron (Utilizador Registado)
Kirk William Hewitt (Utilizador Registado)
Ron (Utilizador Registado)
I find it odd that a foreclosure can be transferred from the bank to HUD, HUD can then sell the home to a buyer, and then that buyer can turnaround and rent it out.
There are so many questions here: Is it legit? Are terms being violated with the renting of the property? This could all be OK and asset management, but I would like to think that HUD is encouraging home ownership. Aside for the HUD-rental issue, this home appears to not be registered (according to the city's website) and they're parking on the lawn.
City of Lansing (Utilizador Registado)
Thank you for reporting this. I'll pass this along to Code Compliance so they can send someone out to take a look.
Cordially,
Holly Stanley
Planning & Neighborhood Development
Bobbie (Utilizador Registado)
Ron (Utilizador Registado)
Hi Bobbie -- Thank you for the insight. Interesting.
I've inquired with HUD's Detroit field office to get the lowdown. And I found the following:
http://www.dummies.com/how-to/content/buying-an-owneroccupied-hud-home.html
There are so many unknowns here. The field office should be able to get to the bottom of this. If it's legit, then so be it. The lawn shouldn't be a parking lot, though.
Bobbie (Utilizador Registado)
Encerradas Ron (Utilizador Registado)