What happens to a house when the beleaguered owner moves out, and the lender never finishes the foreclosure paperwork? It becomes a zombie house. The term "zombie" house applies because the absent homeowner still is legally responsible for the foreclosed property and can be haunted by property taxes, homeowners association fees, fines for building code violations and other expenses. A zombie house can be plagued by other problems as well, such as squatters, mosquito-infested swimming pools and natural gas leaks. A zombie house is sometimes referred to as a "zombie title" house, but in fact, the title isn't in question, said Daren Blomquist, vice president at RealtyTrac, a real estate data...
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