New York’s attorney general says he’s submitting legislation to combat the plague of abandoned properties, revising a bill lawmakers failed to enact last year. Attorney General Eric Schneiderman would make banks and other mortgage lenders responsible for maintaining properties abandoned …
New York has an estimated 15,000 homes that have been abandoned by owners after receiving foreclosure notices. With no one taking care of the properties they often fall into disrepair, hurting surrounding neighborhoods and putting a drain on local governments. …
A national survey found 301,874 “zombie” properties dotting the U.S. landscape in which homeowners in foreclosure have moved out, leaving vacant property susceptible to vandalism and degradation. Florida tops the list of zombie properties with 90,556 vacant homes in foreclosure, …
