foreclosur: Keeping an Eye Out for Zombies in West Palm Beach Bank Owned Properties - 05/28/13 07:17 PM
 
 Bank Owned Properties
If you’ve come across the term "zombie foreclosures" in recent months, it wasn’t referring to voodoo parlors whose priests couldn’t pay the mortgage.
Not exactly dead, but not exactly alive, they are properties stuck in a kind of zombie-like limbo. They are homes that have been abandoned by their former owners at some point before foreclosure. Now they are sitting there, accumulating on-going taxes, liens, and gradual deterioration while the bank decides what to do (or not do) about them.
According to RealtyTrac, there are probably 302,000 "zombies” nationwide, so the odds are, some are going to … (2 comments)

 
Christian Penner, Mortgage Broker Owner - 561-316-6800 | 561-373-098 (America’s Mortgage Solutions | The Christian Penner Mortgage Team)

Christian Penner

Mortgage Broker Owner - 561-316-6800 | 561-373-098

West Palm Beach, FL

More about me…

America’s Mortgage Solutions | The Christian Penner Mortgage Team

Address: 712 US Highway One , Suite 300, North Palm Beach, FL, 33408

Mobile: (561) 373-0987



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