Understanding Zombie Foreclosures in Colorado

Understanding Zombie Foreclosures in Colorado

What are Zombie Foreclosures? Zombie foreclosures refer to a specific predicament in the real estate market that arises during the foreclosure process. This phenomenon occurs when homeowners abandon their properties while still in the midst of foreclosure proceedings, leaving the property vacant and often neglected. The term “zombie” is aptly used to illustrate the state … Read more