Monday, February 25, 2008

Vacant house fee increase is INSANE

I just put an offer down on a house on the North Side, and I told my real estate agent to add the following contingency:

"Buyer may withdraw offer prior to closing if the Minneapolis City Council changes the vacant house fee prior to closing to any amount over the current $2,000."

I don't think I need to get into the reasons for this very much. The proposal to increase the vacant house fee to $6,000 is beyond crazy. These North Side properties aren't moving NOW, so what happens when the fee gets increased to--in some cases--half the list price? Crazy piled on crazy, with half a gallon of crazy syrup poured on top. STOP THIS INSANITY BEFORE IT
IS TOO LATE.

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