Foreclosure and Loan Modification Blog

Why Do Houses Become Abandoned? Here Are 5 Reasons

[fa icon="clock-o"] Monday, January 19, 2015 [fa icon="user"] Jake Sterling [fa icon="folder-open'] loan modification attorney, loan modification, loan modification help, Abandoned Homes


1. Natural Disasters.

Floods, earthquakes, hurricanes, tornadoes, etc. During natural disaster, people will skedaddle from their homes and sometimes they never return.

2. War or Civil Conflict.

Violence, anarchy, etc. In times of war and civil conflict there are lots of people who will just abandon their homes and never ever come back.

3. Ecological Disasters.

If suddenly there's excessive air pollution or water contamination for example, many people will vacate. They abandon their homes.

4. Economic Boom and Bust.

The house may have been in a boom town and what originally funded it's boom is simply not there anymore. Case and point: when the automobile was first invented, Detroit was a boom town but today it's got abandoned homes everywhere.

5. Financial Crisis.

In times of financial hardship where economic conditions have changed for the worse, some people just abandon their homes and let creditors take it from them. Ahem, zombie foreclosures anyone? Unfortunately, this last reason why houses become abandoned is usually completely preventable. By hiring a reputable law firm, homeowners can negotiate for loan modifications that can actually make staying in their homes more affordable.

We've answered the question, "Why do houses become abandoned?" with 5 reasons why. What other reasons can you think of? Tell us in the comments! :)

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Jake Sterling

Written by Jake Sterling

Jake Sterling is Amerihope Alliance Legal Services' Homeowner Liaison. He helps to bring awareness and teach homeowners about foreclosure defense and options to save their homes.

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

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Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

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