Understanding Zombie Foreclosures in Missouri: Causes, Effects, and Solutions
Introduction to Zombie Foreclosures Zombie foreclosures refer to properties that have been abandoned by their owners after the foreclosure process has begun but before completion. When homeowners fall behind on mortgage payments, lenders initiate foreclosures as a means to reclaim their investments. However, some homeowners vacate their homes before the foreclosure is finalized, leading to … Read more