House near Wigwam & Pecos left damaged after fire nearly three years ago
The eyesore next door on a foreclosed home, with fire damage from over 3 years ago.Photo: Video by ktnv.com
Henderson, NV (KTNV) - Foreclosed homes can become a nuisance for those living around them. But at least you have an idea who is responsible for the upkeep. So what happens when a home is stalled in the foreclosure process? Who keeps it clean then, the lender of the homeowner?
Neighbors in one community say if they could get an answer to that question, they might be able to get rid of the eyesore next door to them.
"We kinda figured in six months it would be back to a little bit of a house," said Danny Cook.
Back in 2008, there was a major fire at a home near Wigwam and Pecos. Danny lives nearby and says since then not much has changed. Fire officials say an electrical malfunction caused about $300,000 in damage, more than the purchase price of the house.
After that, Danny says the homeowners moved out and the trespassers moved in.
"Kids going in and out other people going in and out," said Danny.
Another thing moving in are rats. Another neighbor emailed Action News pictures of the rats near the eyesore house. Danny says he used to keep in touch with the homeowner and says she told him she was upside down on her mortgage. He hasn't seen her in a couple of years and Action News couldn't find a working number for her. Danny says he assumed the bank would come in and rebuild.
But according to the Clark County Assessor's web site, the house is still in the homeowner's name.
It's because of that the management company for the homeowner's association says their hands are tired. They say they completely understand why neighbors are calling their office and complaining about what the house looks like.
"The lender had initiated foreclosure proceedings and then abruptly stopped and didn't follow through that's kind of very frustrating because everything is in limbo," said Pat Taylor the CEO of Taylor Association Management.
Action News learned JP Morgan Chase services the loan on the home. We called them and they say they did start the foreclosure process on the house. But now because of State Assembly Bill 284 that just passed in October, they're now required to submit more paperwork before issuing a notice of default.
"These banks need to be held accountable and something needs to be on the books that if they're going to take a house from somebody change it to their name in 30 to 90 days," said Danny.
JP Morgan Chase couldn't say how much longer it would take to finish up the paperwork. But Danny thinks it's just a matter of time before squatters pry off a board and move in. In the meantime, the management company is hoping another option will help speed up the process.
"We've hired legal counsel in order to pursue the matter and see if we can get some resolution either get the house rebuild or see what their legal options," said Pat.
Danny already has his own idea.
the best thing that can be done is to bulldoze it after three years," said Danny.
After our call, JP Morgan Chase said they will send someone out to resecure the home. But as far as the appearance, they can't do much because they don't own the home.
If you have an eyesore next door in your neighborhood, send an email to firstname.lastname@example.org