Real Estate News – March 15, 2011

More banks are investing thousands of dollars to fix up foreclosures in trying to spur sales and appeal to a broader buying pool. Banks have inherited plenty of foreclosed homes that have everything from water damage, mold, broken windows, and missing plumbing fixtures (via REALTORMag): http://bit.ly/g1ukEH

A Lakeland, Fla., home owner who was fed up with his neighbor’s overgrown lawn finally decided to mow his neighbor’s lawn himself, which ultimately ended up in a fight with police officers and the home owner getting arrested (via REALTORMag): http://bit.ly/eZdBQr

Texas HOA: Toddler is too noisy, parents fined (via ImperfectParent.com): http://bit.ly/hoNzNv

A state bill that would prevent homeowners associations from foreclosing on active military personnel has made it out of a Texas Senate committee (via HousingWire.com): http://bit.ly/eDTgmN

The Obama administration has given another year of life to an foreclosure prevention program allowing certain borrowers to refinance underwater mortgages owned or guaranteed by Freddie Mac and Fannie Mae (via LATimes.com): http://lat.ms/dUhxM9

Midwest Real Estate Data LLC (MRED) has announced it has entered into an Agreement with Fannie Mae to provide its customers the Fannie Mae Short Sale Assistance Desk  (via MarketWire.com): http://mwne.ws/fE1klT