Zombie foreclosures stick former homeowners with major fines from city after bank doesn't claim deed
CHICAGO (WLS) -- Going through a foreclosure is difficult but imagine losing your home and still getting stuck with thousands of dollars in city fines attached to the property. Some people are turning ...
Foreclosures jumped 13% year-over-year in the first half of 2023, real estate data firm ATTOM reported. Foreclosures are ticking higher after being paused for much of the pandemic. However, ...
When a lender cannot sell a default property in a short sale or at a foreclosure auction, it becomes Real Estate Owned (REO). REO refers to a home or other property now owned by a lender— that could ...
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