Burnsville city officials are moving to identify the rising number of foreclosed homes to ensure they are properly maintained -- with costs being assessed to the banks and other mortgage holders if the city is forced to maintain the vacant properties.
In two weeks, the City Council will consider adopting an ordinance that would require vacant homes to be registered with the city, to be maintained while vacant, and to be reinspected prior to occupancy, said Jenni Faulkner, Burnsville community development director.
"We want to make sure our neighborhoods are maintained and places where people want to live," Faulkner said. "Certainly we don't want them to become problems, which is why we are looking at this."
While campaigning this fall, Council Member Dan Gustafson said he discovered that nearly every neighborhood has homes in foreclosure.
"This hits every economic level of Burnsville, from the first-time home buyer who reached for the American dream to the people who have been in their homes for many years and lost their jobs," Gustafson said this week from Florida, where he and other city leaders from around the nation are discussing what to do with foreclosed properties.
"The concern with vacant homes is that blight could set in because they're not being maintained," he said. "The blight just lowers our property values and we're already struggling with that nationwide anyway."
In Burnsville, there were 258 sheriff's sales on foreclosed homes through Oct. 31 this year, out of 1,821 sheriff's sales in all of Dakota County. Last year, Burnsville reported 220 foreclosures out of about 15,000 homes in the city.
The national housing crisis finds its reflection in Burnsville in yet another troubling indicator: Through the end of October, there were 382 homes in which owners were in default by at least five months, and mortgage companies had filed legal notices that foreclosures were beginning. Not all would necessarily end in sheriff's sales, however.