A foreclosure in your neighborhood can do more than spoil the view while diriving up the block. It can also have a financial affect on every home in the subdivision. Fortunately, there are things that can be done to prevent a loss in your homes equity should you have a home go into foreclosure in your neighborhood. If your neighbor is moving away, find out if you can help maintain the property. Outside appearance will help ensure that the property does not "look" like a foreclosure. Even if it is rented, a renter may not be taking care of it, try to lend a helping hand if needed. Keep up on your own property. If you see a few disgruntled properties in the neighborhood, don't let that discourage you from not keeping up on yours. If every other property on the block is in pretty good...
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