Community Associations Fighting Back Against ‘Zombie’ Homes (FL)

Zombies are fictional undead beings created from the reanimation of a human corpse popular in movies and on television. Unfortunately, many community associations are now finding themselves dealing with “zombie” homes. A zombie home is created by a lender which begins but does not complete a foreclosure combined with an owner walking away from the property. Lenders often delay their own foreclosure proceedings to avoid taking title to the property for as long as possible and the obligation to pay assessments that comes along with it. They look to profit at the association’s expense.    Read the article…………….


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