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Tearing Down Forclosed Homes is the Best Option for Dealing with Backlog in Some Communities

The Law Offices of Evan M. Rosen, P.A.

"They are not going to sell on the market for much more than a few thousand dollars, and our costs in marketing those properties and preserving them generally exceed the costs," he says. "So the economics of the transaction make sense as well as the intent of the land bank to reduce supply and stabilize the neighborhood."

"Eliminating a handful of these houses really isn’t going to be a cure-all in and of itself," he says. "It’s one step in a much longer process that’s going to be required before the housing market comes back."

"The house was so far gone, we couldn’t fix it up and get any kind of a return, so we demolished the house, and we put in this community garden," he says. "And it’s now become a source of community pride."

http://www.npr.org/2011/08/29/139971310/land-bank-knocks-out-some-foreclosure-problems

Evan M. Rosen
Rosen & Rosen, P.A.
4000 Hollywood Blvd, #725-S
Hollywood, FL 33021
954-981-1852(Phone)
954-981-4610(Fax)
www.rosenandrosen.com

Client Reviews

Mr. Rosen was recommended to us by our friends and we highly recommend him for his excellent service. He represented us in the matter of foreclosure defense. His comprehensive and detailed knowledge of Florida law, federal law, and ongoing relevant cases was key to building a robust and winning...

Jadwiga M.

In a few words, Evan Rosen saved my house. He got a final judgment in my favor. The judge gave the bank many opportunities (continuance of the trial even a mistrial) to solve all the issues that Evan Rosen will bring up to the judge (issues that were wrong with my case). In the end, his arguments...

Oscar D.

I am so grateful first to god and for the blessing of putting attorney Evan Rosen and his team of professional, in our lives. If you are going through a foreclosure and don't know what to do, I can honestly tell you that attorney Evan Rosen is the person to talk (855-55-Rosen) he takes his time to...

Julie D.

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