Foreclosure
and Property Enforcement
Cities and counties are faced with a greater inventory
of vacant and abandoned residential properties as the
massive structural changes in the U.S. mortgage industry
continue to unfold. This workshop will focus on the unique
issues that foreclosed and "limbo" properties
present to local communities.
Class
Content:
1.
Setting the Stage
a. Past as future: Texas cities have
been here before
b. Understanding the Texas foreclosure
process
2.
Finding the Responsible Party
a. Theory of property ownership and
control
b. Finding the owner or controller
c. Outside information sources
3.
Enforcement Techniques with Lenders
a. Options for enforcement
b. Physically securing the property
c. Contacting lender staff
d. Taking control of the timing
e. Providing Notice
4.
Nuisance Abatement and Expense Recovery
a. Abatement process
b. Filing Liens
c. Selling liens to third parties
5.
Special circumstance Properties
a. Government-owned properties
b. Effect of bankruptcy
c. Out-of-state lenders
d. Limbo properties
6.
Enforcement Resource Management
a. Resource planning
b. Knock-on effect of abandoned
property
c. Modifying the legal framework
d. Local third-party resources
This class is provided by the
Texas Illegal Dumping Resource Center through the courtesy
and cooperation of the local agencies listed above. This
class is designed for local government code enforcement
and law enforcement personnel, their supervisors, local
criminal prosecutors, and government managers and elected
officials having an interest in developing additional ways
of dealing with vacant residential properties.
Six hours of TCLEOSE and code enforcement CEUs will be
awarded to participants completing the class.
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