Own a vacant home? Take precautions

Flickr photo by edkohler.

The street where I live in Mesa, Ariz., is probably very similar to most residential roadways in every other suburban community in America. It's home to about 20 families plus at least one house that stands abandoned by all who once loved it.

Yes, my street has an abandoned property, and I suppose we were lucky because it happened very quickly after the onset of this country's economic mess.

Things went bad from the start, but the bank, which now owns the property, was able to stabilize the situation before it ended up with too many properties to worry about -- thousands of abandoned homes in its collection have since gone from bad to blight.

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