Articles about vacant homes

When a homeowner defaults on mortgage payments and is compelled to vacate the property, who becomes responsible for its upkeep?
Kansas City officials are spending thousands of dollars looking after vacant properties because they are unable to locate the owners. During the last fiscal year itself, the city raked up a bill of $ 1.4 million [...]

Foreclosures are on the rise and with it the number of abandoned homes is also increasing. County health officials have expressed serious concern about abandoned or vacant homes with swimming pools. Left to the mercy of the elements these pools are turning out to be fertile breeding grounds for mosquitoes and algae, especially as temperatures [...]

A proposal for a six month suspension on foreclosures has been made by some lawmakers as the numbers of people unable to pay their mortgages are increasing. Three bills have been introduced with the purpose of providing relief to the mortgage climate and the proposal for moratorium is among them. According to the second bill [...]

Merced ranks fourth in the latest foreclosure rankings by RealtyTrac, a real estate research firm. It closely follows Stanislaus County at number three, preceded by Cape Coral-Fort Myers, Fla., which heads the list, and Stockton, which was at number two.
With a population of just 246,000 people, Merced as a county also took part in the [...]