Safeguard Properties
Skip to content

<- Return To Industry Updates

New Tool to Address Vacant Homes Will Create Baltimore City Land Bank

Industry Update
March 10, 2023

Source: www.wmar2news.com

There are thousands of vacant homes around Baltimore. They’re not only eye-sores in neighborhoods, but they can also be a danger and hubs for crime.

Friday morning, two Baltimore City councilors will introduce another tool that could help bring that number down even further.

Councilwoman Ramos will introduce legislation to expedite the process of eliminating vacant homes, by using Baltimore’s Land Bank Authority.

It is another tool to expedite the acquisition and disposition of vacant and abandoned properties. People say it’s been a long time coming as the city has tried to address the vacant home problem for years.

The city’s effort included a new artificial intelligence program looking at images of the city to find properties with roof damage.

The AI detection tool has resulted in 23 emergency demolitions in the last two months.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Related Posts

Zombie Foreclosure Rates by State – Q4 2026

In Q4 2026, zombie properties account for 3% of residential properties in the foreclosure process across the U.S., according to ATTOM.

Read More

Home Vacancy and ‘Zombie’ Rates Tick Down in Fourth Quarter

ATTOM released its latest Vacant Property and Zombie Foreclosure Report showing that 1.2% of residential properties in the US were vacant in Q4.

Read More

  • + Event
    • NPPC
  • + Featured Resources
    • Disaster Updates
    • FEMA Alerts
    • Industry Updates
  • Conferences and Events
  • + Newsroom
    • Safeguard in the News
<- Back To Newsroom Next Article ->

Have an RFP, RFQ, or RFI?

We welcome opportunities to partner with servicers, sub-servicers, credit unions, housing authorities, federal, state, and local agencies, and other institutional clients.

Please send all RFP/RFQ/RFI inquiries to ashley.shepherd@safeguardproperties.com

Contact Us

Reach out to us via phone, email, or the form below.

Fields marked with an * are required

Our Information

Safeguard Properties

9445 Rockside Rd. Suite 100

Valley View, OH 44125

216.739.2900

Media Inquiries: safeguard.communication@safeguardproperties.com

24-Hour Complaint Hotline:

855.563.9154

Transparency in Coverage Information - Click Here

Useful Links

Connect

  • Facebook
  • LinkedIn
  • YouTube

Our Partners

The Five Star Institute MBA

© Copyright Safeguard Properties 2026

Privacy
Legal Information
Safeguard Properties
  • Property Inspections
  • Insurance Policy Inspections
  • Property Data Collection
  • Insurance Loss Inspections
  • Property Preservation
  • FHA Conveyance
  • Real Estate Owned (REO)
  • Resources