Lowell Deeds

The latest on real estate recordings and new technology from the Middlesex North Registry of Deeds in Lowell

May 16, 2008

S.A.V.E. our neighborhoods

by @ 3:01 pm. Filed under Real Estate

“S.A.V.E. our neighborhoods” is the name of the city of Worcester’s action plan to deal with the current foreclosure crisis. City government in Worcester has clearly taken the lead on dealing with the many foreclosures in that city with all departments contributing to a central database that directs the city’s efforts to minimize the collateral damage on neighborhoods caused by properties left vacant because of foreclosure. The most aggessive tactic employed has been to petition the courts to appoint the city reciever of property that is seemingly abandoned. Other efforts include enlisting neighborhood Crime Watch groups to be the eyes and ears of the city in spotting properties when they first become troublesome, and educating tenants on their rights to remain in property that has been foreclosed upon until they are formally evicted. The approach used by Worcester in dealing with the foreclosure crisis could serve as a model for many other communities in Massachusetts and the region.

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