How effective this tax will be remains to be seen, but it should help
bring some vacant properties into the rental market and may lead to more listings for homebuyers.
Whether your community is grappling with transportation and land use issues, crowded schools, or open space, or working to
bring vacant properties back to productive use, NAR's Smart Growth program has resources to help you and your association plant seeds that will pay dividends for years to come.
Whether your community is grappling with transportation and land use issues, crowded schools, or open space, or working to
bring vacant properties...
Resources to help you and your association with transportation, land use, schools, open space, or
bringing vacant properties back to productive use.
Not exact matches
The project is expected to
bring in $ 1.6 million in annual revenue for Arlington Heights, but one of the biggest benefits for the northwest suburb is the reuse of a
vacant property.
SHERBURNE, N.Y. (WBNG)-- A local nonprofit is taking on a new role by flipping
vacant properties to
bring new families into the Southern Tier.
A local nonprofit is taking on a new role by flipping
vacant properties to
bring new families into the Southern Tier.
The action was meant to
bring attention to warehoused
property that could be used for housing, and to push for the City Council to adopt legislation to combat
vacant property.
Many cities have focused on more expensive responses to the poor living conditions
brought on by large inventories of
vacant properties.
FHA EXTENDS FINANCING FOR IMMEDIATE PURCHASE OF FORECLOSED HOMES Measure seen to
bring stability to home values and accelerate sale of
vacant properties
The
property looks like its been
vacant for years and lastly it needs about a good 60k in renovations to
bring it up to living conditions.
«We realized that there were tens of thousands of government - owned
properties that are
vacant and abandoned that are not
bringing in any tax revenue,» says Jennifer Shockley, assistant director of public policy and political affairs at the Pennsylvania Association of REALTORS ®.
In Philadelphia, the association worked with other organizations on a proposal for a land bank, which
brings in a single entity to handle the sale of the city's 50,000
vacant properties.
If there is
property damage, the time spent dealing with contractors and making necessary repairs will prolong the amount of time your
property is left
vacant and not
bring in any income.
When your
property won't sell, renting it out sounds like a profitable alternative; a
vacant home won't
bring in revenue.