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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 ...
The rise in the number of homes for sale has highlighted the concerning issue of vacant properties, commonly known as zombie ...
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.
The number of homes vacated by their owners prior to foreclosure has grown to 3.38% of all homes, but in some cities, that ...
Nonjudicial foreclosure allows the lender to sell the property at a foreclosure auction, without court approval, after following a state-specific foreclosure process.
A foreclosure property is a house that the owner can no longer make the payments on. The owner was not able to sell it, so the bank took it over to try and recoup its investment.