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There is a Lot of Truth and Even Hope In This Story

March 5th, 2009 · 3 Comments

This is a fabulous article from the NY Times and Alex Kotlowitz with a tremendous insight into the not always black and white issues surrounding foreclosure. A big shout out to my friend Mike who pointed it out to me this morning. I suggest you bookmark the article because it’s long…..but truly one of the best insights into what is transpiring in our Wards today.

It’s not just a gloom and doom article either. It features people who are digging in and trying to make a difference in our communities. For example, a woman who is disabled but takes pride in her home and goes to great, almost unimaginable length to take care of her yard. And a guy who is trying to buy up a whole block in his neighborhood so he can bring it back.

It also talks about the dilemmas Housing Court faces every day; while a lot of the out of town cheap home purchasers are either duped or disreputable….this doesn’t apply to all of them (and I know because I am working with one of them).  And it features the strong effort being made by private citizens to shore up their neighborhoods…even one family paying for the electricity in a home they do not own because they don’t want this historic home to wind up with frozen pipes.

So wait until you have a big mug of coffee and the time, but please read it.  Peace Out -3C

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Tags: Cleveland Real Estate · housing trends · neighborhood news

3 responses so far ↓

  • 1 There is a Lot of Truth and Even Hope In This Story | Foreclosures For Profit // Mar 5, 2009 at 1:07 pm

    [...] See orig­in­­a­l here: There i­s a Lo­t o­f­ Tru­th and Ev­en Ho­p­e I­n Thi&#… [...]

  • 2 Americaneer // Mar 8, 2009 at 9:52 am

    The article is shocking. I have difficulty in believing how things went this wrong anywhere in our country? How can HUD, a public agency, sell a property without informing the owner that its in terrible shape? Why isn’t there more focus on demolition of properties by public agencies?

    Americaneers last blog post..Walden of Aurora, Ohio

  • 3 Carole Cohen // Mar 29, 2009 at 1:25 pm

    Americaneer, the reason HUD states is lack of staff and conversely, too many cases. Not a good excuse is it? As for the demolition, there is a lot more of that happening here in NE Ohio this year. Truly does get your blood boiling to think about all of this – thanks for commenting.

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