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What Are Zombie Real Estate Investors and Properties? (VIDEO)
If you have heard the term “Zombie” in real estate investing in most cases associated with mortgages that lenders come back years later to foreclose in the event the homeowner least expects it according to the Local Records Office. Actually, it is a major problem in certain parts of the country and with some lenders, especially in Los Angeles County. Nonetheless, a Zombie Investor is a different animal and one I am seeing increasingly more.
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