John Newby is the author of the “Building Main Street, Not Wall Street” column “dedicated to helping communities combine synergies with local media companies allowing them to not just survive but to thrive.” In aREAD MORE
“Zombie Debt” – Foreclosing on presumed “dead” Second Mortgages
Update May 10, 2024 NPR “Planet Money” focuses on second mortgages “coming back to life” and discusses various legal strategies that appear to assist homeowners avoid foreclosure and forfeiture. To listen to the audio report,READ MORE
The Atlanta Journal-Constitution “Local governments outmatched by landlords of blighted apartment complexes”
In a thorough report, the The Atlanta Journal-Constitution focuses on the various challenges local governments face in dealing with negligent and often deep pocketed landlords. Included are concerns about lack of resources, lack of incentivesREAD MORE
Adjudicated Properties Attracting No Interest From Buyers
Your community may or may not have the same volume of these types of properties as New Orleans, but the following quote should apply across the board. “Foster said the city must come up withREAD MORE
Neighborhood Preservation Clinic – Law School can be a great resource if you have one!
The University of Memphis School of Law’s Neighborhood Preservation Clinic is filing 25 lawsuits on behalf of the Klondike-Smokey City Community Development Corporation. For more information on the Clinic please see below overview from theirREAD MORE
Challenge Averted in Kansas
SB510, introduced in February 2022 would “prohibit municipalities from imposing any fees or registration requirements on unoccupied residential or commercial property.” The legislation died in committee in May 2022. Please see below for a linkREAD MORE
Testing Public Nuisance Law
The Indiana Court of Appeals previously ruled that a law passed by the General Assembly prevented the city from using emergency calls as proof of a public nuisance. In order to use the calls asREAD MORE
“Zombie Foreclosures” & “Zombie Properties” Live on in Chicago
In July 2022, a local Chicago news station reported on “Zombie foreclosures stick former homeowners with major fines from city after bank doesn’t claim deed”. Now in a follow-up report in October 2022, examples ofREAD MORE