This problem is going to get worse, before it gets better:
The Banks are holding on to a lot of property, and they don't want to spend a dime on it.
When we see this, .maybe we should have a sign made that says "THIS PROPERTY OWNED BY XYZ BANK"
some cities are passing ordinances that they have to maintain the property or the coty will do it and bill the Bank; Clovis is one.
I have seen Realtors spend their own money, on REO's, so that they can sell the property. I have done it myself; but it can get expensive, with no pay-back.