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Zombie foreclosures are on the rise in states not used to seeing a high number of vacant homes-and they're an eyesore in some ...
Zombie foreclosures are rising in states such as Indiana and Illinois, straining homeowners and local housing markets.
Nevada posted the highest foreclosure rate in the U.S. in July, followed by Florida, as mortgage defaults spiked nationwide.
Ohio foreclosures, which top the list for value, sold for an average discount of nearly 43 percent in 2010, down from nearly 47 percent in 2009. Kentucky properties, coming in at number two, sold ...
There was one foreclosure filing for every 436 households in the state, a rate 2.8 times that of the national average – one filing for every 1,247 households – RealtyTrac reported.
A foreclosure is a severely negative credit event, knocking off 100 points or more from your credit score, according to FICO. Additionally, it stays on your credit report for seven years.
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