RealtyTrac: 20% of foreclosures remain vacant after owner departs

Making vacant houses look less vacant – with decals?. 20% of foreclosures remain vacant after owner departs Florida foreclosures are still making the record books: a new report from RealtyTrac reveals that the State of Florida has more than FIVE times the number of vacant foreclosure homes.

Secrets to Foreclosure Auctions and Tax Deed Sales Major Oregon Supreme Court ruling undermines MERS, but leaves registry room to challenge RealtyTrac: 20% of foreclosures remain vacant after owner departs realtytrac released its Q3 2015 US Zombie Foreclosure and Vacant Property Report, which shows 20,050 US residential properties in the foreclosure process – but not yet repossessed by the.

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When foreclosure proceedings start, a notice of default is filed at the local courthouse and often runs in the newspaper, as well. Potential investors can also buy access to listings on web sites such as Foreclosure.com, RealtyTrac.com and ForeclosureNet.net. Expect to make less money – maybe a 15% to 20% return – but without that much less work.

States where the percentage of owner-vacated foreclosures hovers well above the national average of 20% include Indiana (32%); Oregon (28%); Nevada (28%); Washington (27%); and Georgia (27%).

Foreclosure rates also remain high in Maryland, creating an ideal landscape for home flippers. The state remains number three in the country for foreclosure rates. Foreclosures in August increased 20% year-over-year, and were up 71 percent from July. July also marked two straight years of rising foreclosure rates in the state.

Zillow survey: 5% home value growth expected in 2013 RealtyTrac reports foreclosure filings rise 3% in January TEL AVIV (MarketWatch) – Foreclosure filings in the U.S. rose 6. consulting firm reported. The 6% rise from February 2009 was the smallest year-over-year increase since January 2006, when.

Why The Foreclosure Epidemic Is Even Worse Than It Seems by. RealtyTrac publishes the largest and most comprehensive national database of pre-foreclosure, foreclosure, For Sale By Owner, resale and new homes, with more than 1 million properties across the country, property reports, productivity tools and extensive professional resources.

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The state’s foreclosure activity was up nearly 158% from January 2007. The nation’s third highest January total was in Texas, where foreclosure filings were reported on 14,698 properties – a nearly 20% increase from the previous month, but a slight decrease from January 2007.

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Twenty percent of foreclosures nationwide sit empty after an owner vacated the premises, representing 167,000 distressed properties across the country, RealtyTrac announced Thursday. While it’s.