When the title to a property remains either with a homeowner who has deserted the home, believing they have lost it to foreclosure or in “limbo” with neither homeowner nor foreclosing lender taking ownership of the property. Zombie titles create neighborhood blight because there is no party responsible for the property and may lead to debt collection efforts and even lawsuits against former homeowners who unknowingly retain the title.
Raise the Rent?
As a rental real estate investor, knowing how to evaluate the local rental market and set accurate...
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