55- Do Mexicans Really Decrease Property Value? (or why have them live in shacks?)

Posted by admin on September 27th, 2009 and filed under neighborhood properties | 5 Comments »

When I was a kid there were lots of little pickers shacks that the migrant fruit pickers stayed in that was absolutely deplorable. Often without clean running water, septic, and insulation these places were infested with mice and often probably other pests such as fleas and lice. Although many Mexicans worked in the neighborhood I grew up in, not many had the chance to have their children with them, let alone have them go to a year-round school.

Bello Rio is a new option for farmworkers which provides year-round affordable housing for farmworkers. The neighborhood in which it is situated in spent more than $50,000 in legal fees to fight the development- which they feared would reduce property values in the area.
Right across the street from this new development is a old farmhouse that has been abandoned. Down the street from it is the old red farmworkers house at the beginning of the video. Abandonded and neglected properties bring down property values probably more than anything- not brand new apartments in which everybody works.

Duration : 0:7:57

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Residential Abandoned Property Program, Chula Vista, CA

Posted by admin on September 24th, 2009 and filed under neighborhood properties | No Comments »

Chula Vista’s Residential Abandoned Property Program, an Innovations in American Government Finalist, presented before the National Selection Committee in May 2009. The program addresses the adverse conditions and blight caused by vacant, abandoned, and financially distressed residential properties, by affirmatively placing responsibility for security and maintenance on mortgage holders.

Duration : 0:14:15

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Memphis Retail Property 899 North McNeil

Posted by admin on September 21st, 2009 and filed under neighborhood properties | No Comments »

Captivating, newly renovated, Midtown Memphis Bungalow delight located in the Evergreen Vollentine District close to Rhodes College. This unique 2-bedroom 2-bath home is designed with an updated kitchen, old-style French doors, hardwood floors, luxury bath jacuzzi tub, arched windows, and ceiling fans throughout. This home definitely has old-style character with modern updates. Included in this package is a large fenced in backyard, bonus room, cozy gas fireplace, and central heat/air. This fabulous home is just missing your personal touch. For approved Lease Option candidates, $875.00 monthly, option payment required. For approved rental candidates $950.00 monthly, deposit required. To obtain more information, please contact JCM Properties at (901)592-5251.

Duration : 0:7:33

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Detroit warzone properties ((Don’t buy here)) Nasty Neighborhood

Posted by admin on September 18th, 2009 and filed under neighborhood properties | 3 Comments »

This is a prime example of what street not buy on in Detroit.

Duration : 0:1:23

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