RSS

Monthly Archives: October 2013

Sacramento Beware Of Zombie Titles! Boooo

Zombie Outbreak on HalloweenWith the economic downturn, anyone dealing in real estate in Sacramento quickly became familiar with previously little-known terms such as foreclosure and short sale. Now that the housing market is picking back up and people are moving on, a new term is coming to light — zombie titles.

The Zombie Title

This is when a home has been vacated because the owners defaulted on their loan and their bank started the foreclosure process. However, for some reason or another the bank never completed the foreclosure and sold the home. Read the rest of this entry »

Advertisements
 
Leave a comment

Posted by on October 30, 2013 in Home Buyer Tips

 

Tags: , , , , , , , , ,

 
%d bloggers like this: