Tag Archives: mortgage

Posted 4 years ago in Foreclosure Real Estate by Josh Crank  
Foreclosed Homes Overrun by Vampires, Zombies

The foreclosure crisis has turned many American neighborhoods into ghost towns, but a new report adds an even more terrifying twist: nearly half of foreclosed homes are occupied by vampires. That’s what real estate publisher RealtyTrac is calling them, at least. According to their figures, 47 percent of foreclosed, bank-owned homes still have the previous occupants living in them. These “vampire foreclosures” are often hard to distinguish from their neighbors because the people living inside tend to maintain the properties …

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