Tag Archives: Distressed Home Owners

Zombie Foreclosures Are 21% Of Foreclosures

Posted on July 2, 2014 by Cliff

Zombie foreclosures are 21% of foreclosures, representing one in every five foreclosures nationally, according to RealtyTrac, a housing data firm. “Zombie foreclosure” is a term coined to describe properties where the foreclosure process has been started and the home owner … Continue reading →

Posted in Real Estate | Tagged , , , , | Leave a comment

Distressed Home Owners Lose Tax Break

Posted on January 3, 2014 by Cliff

Distressed Home Owners To the dismay of housing advocates, industry groups, and U.S. legislators, a tax break for distressed home owners whose mortgages were written down expired on Tuesday. The 2007 measure exempted borrowers from federal taxes they normally would … Continue reading →

Posted in Real Estate | Tagged , , , , | Leave a comment