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Half Of Nevada Foreclosed Homes Are Vacant, Abandoned

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http://www.reviewjournal.com/business/economy/half-nevada-foreclosed-homes-are-vacant-abandoned

Delays in the foreclosure process are leaving thousands of Nevada homes vulnerable to vandalism and deterioration, an executive for RealtyTrac said Thursday.

Roughly half of foreclosed homes in Nevada are “zombie foreclosures,” or properties flagged as vacant or abandoned, said Daren Blomquist, vice president for the Irvine, Calif.-based online listing service.

In many cases the delinquent owner vacated the home expecting it to go to foreclosure, and may not realize the property has yet to be scheduled for trustee sale, he said.

That means the homeowner is still responsible for — but not paying — maintenance and property taxes.

Kentucky was identified as having 54 percent vacant foreclosures, followed by Indiana and Maine at 53 percent.

Still vandalised homes are big seller...

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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