RealtyTrac: 20% of foreclosures remain vacant after owner departs

Contents Analyst estimates washington (marketwatch secondary market loans Wells fargo banker Wells fargo home equity Auction showed waning demand RealtyTrac: 20% of foreclosures remain vacant after owner departs Foreclosure – Wikipedia – Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from.

Source: "RealtyTrac: 20% of Foreclosures Remain Vacant After Owner Departs," HousingWire (June 20, 2013) A very good article and more pictures of what some people do when they leave their home due to foreclosure click here Please help to keep this blog going Let us Sell or help you buy your new home or land. John J. O’Dell Realtor GRI

Foreclosure rates also remain high in Maryland, creating an ideal landscape for home flippers. The state remains number three in the country for foreclosure rates. Foreclosures in August increased 20% year-over-year, and were up 71 percent from July. July also marked two straight years of rising foreclosure rates in the state.

In more "great" news items is news like the kind that is issued by market researcher RealtyTrac. applies primarily to communities where foreclosure activity is high, and will hopefully accelerate.

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Despite foreclosure and bankruptcy, owners remain on the title of a home and are responsible for its condition after they move. vice president at RealtyTrac. "That means it is more susceptible to.

RealtyTrac and Foreclosure Information In the Crosshairs Today: Thornburg Mortgage RealtyTrac: 20% of foreclosures remain vacant after owner departs widespread principal reductions could save taxpayers $2.8 billion How to Save $2.2 Billion..

Florida also accounted for the most vacant foreclosure by zip code- 85 of the top 100 nationally, led by zip code 34668 in the Tampa/St. Petersburg metro area. Indiana, Oregon, Nevada, Washington, and Georgia are states where the percentage of owner vacated foreclosures was above the national average of 20%.

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No one has tracked the number of renters affected by the continuing wave of foreclosures, but research companies such as RealtyTrac Inc. and other groups estimate that 20% to 40% of all foreclosed.

RealtyTrac: 20% of foreclosures remain vacant after owner departs Housing Prices In Spotlight – – Info: Foreclosures One-Fifth Of Foreclosures Remain Vacant: Nationwide, 20% of foreclosures remain vacant after an owner relinquishes the property, foreclosure research firm RealtyTrac says.