The global recession greatly affected the economy leading to high foreclosure rates in some communities. Now that the country is slowly recovering, the housing market seems to follow suit. Prices for homes are stabilizing and investors are looking at potential businesses. To bring the business activity back, it is important for these neighborhoods with high foreclosures to start a community clean-up.
• Initiate.
o The first thing that you need to do as a concerned citizen is to initiate action. You can talk to your neighborhood’s homeowners association (HOA) officials to give them information of the advantages of improving your community’s reputation.
o The HOA officials are the ones who have information about the vacant houses in your community. You can work with them in identifying and monitoring the status of several vacant properties.
o They can facilitate negotiations with banks that own the foreclosed properties. It is important that you get information and permission from banks about your plans so they can help as you go about it.
• Educate.
o Once you are able to persuade the HOA officials of your concern, it is time to educate the entire neighborhood.
o Give them information of how the housing market is gaining momentum now and how your community can benefit from it.
o Give them scenarios of empty houses that are prone to vandalism, dirty lawns, and overgrown shrubs that become an eyesore. Tell them how it reflects on the community.
• Encourage Participation.
o If you want your community-clean up to be successful, you need to encourage the bigger part of your community to participate in your goal.
o One good example of encouraging participation is by setting up a committee and delegating tasks to different people. Once they know their responsibility, they are more likely to act on it.
• Be Consistent.
o Community clean ups are not a onetime gig. You and other officials should be able to continue on maintaining foreclosed houses until it has a new owner.
o This would be a good reflection of your community and before you know it, your community would be one of the highest rated in the market.
Neighborhoods that have people working together as a community largely contribute to how the market views it. When residents say that they are happy and content with their community dynamics, more people would want to live there and the overall value of the neighborhood increases.
• Initiate.
o The first thing that you need to do as a concerned citizen is to initiate action. You can talk to your neighborhood’s homeowners association (HOA) officials to give them information of the advantages of improving your community’s reputation.
o The HOA officials are the ones who have information about the vacant houses in your community. You can work with them in identifying and monitoring the status of several vacant properties.
o They can facilitate negotiations with banks that own the foreclosed properties. It is important that you get information and permission from banks about your plans so they can help as you go about it.
• Educate.
o Once you are able to persuade the HOA officials of your concern, it is time to educate the entire neighborhood.
o Give them information of how the housing market is gaining momentum now and how your community can benefit from it.
o Give them scenarios of empty houses that are prone to vandalism, dirty lawns, and overgrown shrubs that become an eyesore. Tell them how it reflects on the community.
• Encourage Participation.
o If you want your community-clean up to be successful, you need to encourage the bigger part of your community to participate in your goal.
o One good example of encouraging participation is by setting up a committee and delegating tasks to different people. Once they know their responsibility, they are more likely to act on it.
• Be Consistent.
o Community clean ups are not a onetime gig. You and other officials should be able to continue on maintaining foreclosed houses until it has a new owner.
o This would be a good reflection of your community and before you know it, your community would be one of the highest rated in the market.
Neighborhoods that have people working together as a community largely contribute to how the market views it. When residents say that they are happy and content with their community dynamics, more people would want to live there and the overall value of the neighborhood increases.
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