True Creation dot org – The Harmony of Faith and Science. Real Science. Stronger Faith.
True Creation dot org – The Harmony of Faith and Science. Real Science. Stronger Faith.
ATTOM Data Solutions recently released its Vacant Property and Zombie Foreclosure Report for the second quarter of 2021. The report revealed that 1.4 million residential homes in the US are vacant, representing about 1.4% of all homes. 223,671 homes are in the process of foreclosure, up 27.5% from the first quarter. The number of zombie homes or pre-foreclosure homes sitting empty was 8,078, up 21% from the first quarter. When it comes to foreclosures by state, the states that have the highest numbers of zo
Interestingly, the number of zombie foreclosures has increased despite the federally-imposed foreclosure moratorium of 2021. This moratorium was issued to protect homeowners suffering economic hardships due to the COVID-19 pandemic. It bars lenders from foreclosing on delinquent property owners that have government-backed loans.
In this article, we will define zombie foreclosures, explore their pros and cons, and learn where you can find and analyze a zombie property.
True Creation dot org – The Harmony of Faith and Science. Real Science. Stronger Faith.
True Creation dot org – The Harmony of Faith and Science. Real Science. Stronger Faith.