OK, we’re as excited as everyone else for the season premier of The Walking Dead this Sunday; but there’s another kind of zombie we don’t love as much: the zombie foreclosure. What’s a zombie foreclosure? It’s a property where the lender entered the foreclosure process, the homeowner moved out, and then the bank stopped the process — never taking the title, and effectively leaving the property abandoned. These abandoned properties can quickly deteriorate, and have a negative effect on surrounding property values. Thankfully, they’re on the decline.
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