Monday, November 1, 2010

Dekalb County Foreclosure Update

Dekalb County GA is going through some interesting changes that people at risk or foreclosure should be aware of....


DeKalb County, which has more than 14,000 foreclosed properties, is cracking down on absentee owners of such property.


The county launched its foreclosure registry this week as a way to hold property owners more accountable. The registry, which will require a $175 fee, will be online and include owners’ contact information.

Creditors or mortgagees that foreclose on a property have up to 30 days following the foreclosure sale to register the property with the county and become in compliance with all code enforcement rules. Anyone who does not register is subject to a $1,000 fine per day.

Registration forms are available at www.dekalbcountyga.
 gov/foreclosureregistry .