Protect Your Home From The Foreclosure Next Door

Nov/08/2010 02:30 PM Filed in: HomeownerResource Guide
Foreclosure Sign
Even if your home has been safe from the threat of foreclosure, it’s possible that it has still been affected by those who haven’t been so lucky. Foreclosures, especially those that are starting to look run down, can drag down the property values of an entire neighborhood. If the curb appeal of your neighborhood is lacking, so is the value of your home.

And having a foreclosed home or two (or more) in your neighborhood isn’t just potentially bad for curb appeal. It can also invite crime, which could cause your homeowners insurance to increase.

But there are things you and your neighbors can do to help maintain the value of your home—and your neighborhood.

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