Foreclosures are on the rise and with it the number of abandoned homes is also increasing. County health officials have expressed serious concern about abandoned or vacant homes with swimming pools. Left to the mercy of the elements these pools are turning out to be fertile breeding grounds for mosquitoes and algae, especially as temperatures continue to rise this summer.

County health officials are receiving 250 percent more complaints about mosquito infested pools as compared to last year. The figures tell their own story. According to Johnny Dilone of the Maricopa County Environmental Services, the county received 597 complaints between January and May 2007. This year the number has leapt to 2,096.

Encephalitis and West Nile flu are just two of the diseases that can be spread by mosquitoes. Both these diseases can be harmful especially for the elderly and those with suppressed immune systems. Wes Nile flu is particularly dangerous for horses.

Fortunately very few actual cases of these diseases have been reported. However the growing number of complaints is a warning that the situation can spin out of control and the health risk posed by the mosquitoes remains a definite cause for concern.

The process of dealing with a complaint can be expensive and time consuming and the county prefers owners to deal with the situation themselves. However with foreclosed real estate, the county is often unable to contact the owners. They then obtain a search warrant and treat the affected pool themselves. Insecticide oil is used to suffocate the larvae and gambush fish are introduced to eat the mosquitoes.

Residents of the county are being encouraged to be more proactive. In Surprise, a committee set up to deal with foreclosure problems facing the community, is playing an active part in encouraging greater vigilance. Troy Corder of In surprise points out that it is the health of the neighbourhood which is at risk and so residents need to be alert for signs of a “green pool” when a property is foreclosed.

Ignoring an order to eliminate mosquito pools on private property is considered a Class 3 misdemeanor. However the Maricopa County does not prosecute if the home is an abandoned one.

Instead, the county is appealing to home owners to drain their swimming pools of water before they hand over their homes to the bank. If this is not possible, they can call the Vector Control Office who will provide them with gambush fish, which eat mosquitoes as well as larvae. Home owners who wish to avail of this facility can call 602-506-0700.

Search Foreclosed Homes

• California Foreclosed Homes
• Florida Foreclosed Homes
• Nevada Foreclosed Homes
• Arizona Foreclosed Homes
• Oregon Foreclosed Homes
• Colorado Foreclosed Homes

Popularity: 7% [?]

According to Default Research, which is one of the chief sources of real estate and foreclosure information based in the Phoenix-Tuscon area, the rate of foreclosure has made a jump of 147 percent in the counties of Maricopa and Pima in January 2008. Default Research reports that 1.53 percent of the homeowners in the area were facing foreclosure. The cities hardest hit were Phoenix, Glendale and Mesa. In the last six months home inventories have climbed up by almost five percent and there has been a fall of almost seven percent in median home values.

The Phoenix area anticipates a rise in the foreclosure list of the Default Research bank. Serdar Bankaci, the founder of Default Research strongly feels that the Phoenix area will continue to witness major opportunities for investment. Around fifteen percent foreclosed homes are lying vacant and since these can be purchased at a rate far below the market value, they can turn out to be profitable investment opportunities. These can well be turned either into rental properties or sold after renovation. The effect of recession is having a widespread effect over the whole of the U.S.A, from the east coast to the west. This is prompting officials from Washington D.C to take certain concrete steps like lowering the rate of interest.

The company feels that this policy is going to be extremely popular among the clients based in Arizona. This would prompt people all over the country to look forward to investing in foreclosed properties here. Serdar Bankaci further says that now, with the lowering of interest rates, those who want to make profit will find real estate is a good investment tool. This measure will also help the families facing financial crisis and would offer a good opportunity to purchase property, rent it out and quickly get back a monthly return from the investment. He feels that based on their list, the mortgage lenders will probably succeed in acquiring fixed rate loans that were lower for homebuyers requiring refinancing. Ever since the interest rates have come down, banks are willing to approve more loans.

Therefore, more credit is made available to the investors and they are happy since this enables them to purchase during the pre-foreclosure time. Incidentally, even the homeowners now have access to increased credit and are able to make purchases. The Phoenix-Tuscan leader in this field is Default Research who can be reached at their web-site.

Search Foreclosed Homes

• Arizona Foreclosed Homes
• Phoenix Foreclosed Homes
• Tuscan Foreclosed Homes
• Maricopa Foreclosed Homes
• Pima Foreclosed Homes
• Mesa Foreclosed Homes

Popularity: 6% [?]