300,000 Zombie homes

Professional Engineer & PE Exam Forum

Help Support Professional Engineer & PE Exam Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

Capt Worley PE

Run silent, run deep
Joined
May 4, 2007
Messages
13,369
Reaction score
649
Location
SC
No, not walking dead zombies....

A national survey found 301,874 "zombie" properties dotting the U.S. landscape in which homeowners in foreclosure have moved out, leaving vacant property susceptible to vandalism and degradation.

Buried in the article was this little tidbit, that made me smile.

Reuters revealed the plight of people who walked away from their homes not realizing that their names remained on the deed and that they were financially liable for taxes and other bills related to the abandoned property.

In some cases, homeowners vacated after receiving a notice from the bank of a planned foreclosure sale, only to find out later the bank never followed through.
-housing-zombies-idUSBRE92R0YQ20130328?feedType=RSS&feedName=businessNews">http://www.reuters.com/article/2013/03/28/us- USA -housing-zombies-idUSBRE92R0YQ20130328?feedType=RSS&feedName=businessNews

 
Back
Top