Colorado bill will cut in half time to sell abandoned homes

Colorado bill aims at abandoned properties’ sale time :
A bill to be introduced in the state legislature next year would cut in half the time it takes lenders to sell abandoned properties. Gov. Bill Ritter and state legislators announced the bill Tuesday at a news conference at the Clements Community Center in Lakewood. The bill, to be co-sponsored by Reps. Jeanne Labuda, D-Denver, and Dianne Primavera, D-Broomfield, and Sen. Mike John ston, D-Denver, will allow homes to be occupied more quickly so they don’t become a safety hazard, a magnet for vandalism and other crimes, or a drain on nearby property values.

Read more: http://www.denverpost.com/technology/ci_14052416#ixzz0aX2bclRf
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