RealtyTrac
released its U.S. Foreclosure Market Report for April 2014 today, and it found
that Florida continues to lead the nation in foreclosures.
While
the state's foreclosure activity – a count of all homes in some phase of the
foreclosure process – declined 9 percent year-to-year in April, the state still
led the nation with a foreclosure rate nearly three times higher than the
national average.
Nationwide,
foreclosure filings – default notices, scheduled auctions and bank
repossessions – were reported on 115,830 properties in April, a 1 percent
decrease from the previous month and 20 percent decline year-to-year. Overall,
one in every 1,137 housing units had a foreclosure filing during the month.
Despite the
drop, however, banks repossessed more homes in April – a 4 percent increase
month-to-month. Still, repossessions dropped 14 percent year-to-year.
Don't let this happen to you like it did my
neighbor in Bellalago. I offered my help but they said their attorney was doing
it. Paying their attorney over $4000 just to get foreclosed on is just
dumb thinking. I could have assisted them with a short sale, got
the deficiency waived and they could have walked away with
some dignity. Now they have a judgment following them around for the next
20 years for over $100,000.
Looking at the local rag (newspaper) the other
day we can all see that the foreclosures here have picked up, a lot. What was
once 1 page just 8 months ago has now grown to a whopping 13 full pages
of foreclosure notices.
Need help? Give me a call 321-443-4028 or info@PaulAntonelli.com
Usually our clients pay noting out of pocket.
And my attorney and i have helped hundreds of distressed property owners all
through-out Florida.
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