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foreclosure registration

DeKalb County Foreclosure Registration

November 2, 2010 by · Leave a Comment 

Once a home is foreclosed upon it is often very difficult to hunt down the owner or who is ultimately responsible for maintaining the home.

As of November 1st, the DeKalb County Foreclosure Registry that was passed by the county commissioners back in July is in effect. The registry requires all foreclosed properties be registered in a county database. There is a registration fee of $175. Failure to register can result can result in fines of $1,00 per day. This registry will be available online and will contain the owners contact information.

In theory, I think this is a great idea. The complaint about foreclosures is overgrown lawns and properties that are not being secured or maintained. However, it is my experience that the majority of these issues happen during the pre-foreclosure process. Foreclosures now can take many, many months. During that time period the owner may have vacated the home leaving the property untended. Typically I find that once a bank takes back the property they hire a local professional to secure and maintain the home on their behalf.

Information on the Program can be found on the DeKalb County website:

photo by: @respres

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