What does it mean to be taken over by the bank? Does the bank actually do anything with the property, or is it just a paper-digital exchange? The house is still a rundown slop shop, with a fetid backyard and an increasingly decrepit exterior. It has all the markings of a slum dwelling. And as far as I can tell, there are no slum-dwelling millionaires on the premises, although there are inhabitants of another type. The house has been like this for years. Will the bank make a difference? Don't hold your breath.