Tag Archives: Foreclosure

Problems mount for foreclosure properties

 When touring foreclosed properties this summer, we could easily see how quickly a property deteriorates when left vacant. Raccoons, mold, rain and vandalism quickly take their toll. Adding to these problems is now the aftermath of Hurrican Irene. NJ.com has a great article here on the challenges REO and bank agents have in keeping one step […]

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An unforeseen side affect of foreclosures…

We’ve seen the signs;  weeds, tall grass, maybe a broken pane or falling shutter, the “foreclosure” notice tacked onto the  FOR SALE sign.  However, one thing you don’t see (or smell) until you walk into the vacant building is mold. To get an idea of how the problem is likely to grow, listen in here […]

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