Tag: foreclosures

Investing in ‘Zombie’ Properties
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Investing in ‘Zombie’ Properties

Zombie foreclosures, or homes that have been abandoned by owners during the foreclosure process but are not yet bank owned, are a serious problem for the runaway owners, the lenders, and the surrounding neighborhood. These abandoned homes attract vandalism and squatters causing blight to the neighborhood that can bring down the value of surrounding homes. […]

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