REO Tag

Zombie Properties: Easy to spot, hard to kill and sucking the life out of properties around them

They may not be as terrifying as their horror-flick namesakes, but zombie homes—abandoned houses stuck in foreclosure with no owner living on site and no one taking care of the property—are terrifying enough to those who live or own property nearby. The abandoned houses drag...

Deeds in Lieu of Foreclosure

By Alan Doran, General Counsel, OneTitle National Guaranty Company Many homeowners facing foreclosure who determine that they cannot afford to stay in their home turn to a Deed in Lieu of Foreclosure (“DIL”). This option allows the owner to avoid foreclosure and sell or walk away...