Jude's Real Estate Rumblings

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Banks, lenders face Aurora rule

Banks, lenders face Aurora rule, an article from Rocky Mountain News, reports that a measure was passed yesterday in Aurora requiring banks and lenders to maintain foreclosed and abandoned properties.  A yet-to-be-determined fee will be charges in cases where there is failure to comply with the city's property standards.  Foreclosed and abandoned properties must now be placed on a monthly inspection list. 
http://www.rockymountainnews.com/news/2009/jan/27/banks-lenders-face-aurora-rule/

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