Press-Republican

Local News

April 25, 2013

Franklin County land auction set for June 26

(Continued)

A824 would require the banks to maintain a property in the midst of foreclosure “in good faith” until the closing occurs or the deed is recorded.

In its resolution, the county said the number of vacant buildings and those that have been foreclosed upon or abandoned has increased dramatically over the last five years and that they drive down neighboring property values.

But mortgage holders are not currently required to provide any information about their clients to municipalities or other authorities.

Email Denise A. Raymo:draymo@pressrepublican.com

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