Derelict REOs a burden on neighborhoods

From AOL Real Estate

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The vacant home next to Deborah Jackson’s house has been an eyesore and magnet of blight for much longer than the Chicago homeowner would care to remember.

The roof of the empty townhouse, which is connected to Jackson’s, is shredded and caved in, causing water to leak through Jackson’s walls. Overgrown bushes and bramble peek over the property’s 4-foot fence, and possums and stray cats — instead of a nice family — live inside.