Business

Squatters Take Over, Large Number Of Foreclosures Contributes To Problem

Atlanta Journal Constitution
The neighbors in Parkview noticed a lot of people coming and going from a house on Eleanor Street in an unincorporated portion of DeKalb County. They assumed they were renters. They were squatters or by-the-room renters paying someone who did not own the house. As in Parkview, near I-20 east of downtown Atlanta, several parts of metro Atlanta are witnessing people moving into foreclosed and empty houses and taking over the properties. "It's not uncommon," said Ron McNew, an agent with Prudential Georgia Realty who specializes in foreclosed properties.
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Posted by Editor at June 27, 2009 09:45 PM