This is a clearly blighted house on an otherwise nice block fronting Broad Street near LaSalle University. A concerned neighbor reports: “Dumping trash, crime, drugs, squatting, fire hazards all near to my home with two young children. I clean, they continue to dump. Windows are not even boarded up.”
We looked into this and learned that the property has had a history of violations that are subsequently complied. A vacant property license was issued in March 2020. The property has been on the market for $39,000 and seems to be pending settlement. It is puzzling, though, that the property went under agreement in September 2020, but settlement is scheduled for May 2021. Wonder what takes so long to close?
Hopefully, the buyer will indeed close this loan and remove the blight promptly.