As you most certainly know – or should know – by now, Hurricane Sandy tore up the east coast like that kid whose mom deactivated his World of Warcraft account. What you might not know is that Freddie Mac found it in the goodness of their heart to suspend evictions and foreclosures in homes secured by Freddie Mac in eligible disaster areas.
If you’re a homeowner, the last thing you want to happen on your block is a foreclosure. When your neighbor’s home is foreclosed, the property values in your neighborhood are sure to take a dive. Here are some steps you can take to protect your property value from your neighbor’s foreclosed home.