Bill Ramey of Ramey & Schwaller settled all claims stemming from a zombie property located at the Ponderosa Townhomes in Houston, Texas. The zombie property was decreasing the value of the adjoining neighbors' townhomes. A settlement was reached with Bank of America, the owner of the zombie property, that resulted in Plaintiffs dropping all claims and dismissing their lawsuit with prejudice. Bill stated that “I am very happy that we were able to help our clients resolve this zombie property issue. Market value loss should be considered by all potential plaintiffs when there is such an issue.”
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