forebearance: Foreclosure Update Surprises Leon County Florida
- 07/26/10 01:10 AM
After conducting a preliminary study on foreclosures and lis pendens in Leon County last week, we knew that something exciting was happening and it needed to be analyzed with much more scrutiny. In case you missed the blog, it was titled Tallahassee Foreclosure Report Posts Positive News and it contained evidence that the banks were both slowing down on new lis pendens filings, as well as speeding up on pushing through foreclosure sales. For those of you new to the Tallahassee Real Estate Blog, we report both lis pendens filings (the beginning of the foreclosure process) as well as foreclosure … (2 comments)
forebearance: Families Need Sound Foreclosure Advice
- 10/18/09 10:50 PM
The national foreclosure crisis has affected nearly 938,000 properties in the July-September quarter of 2009 compared with about 890,000 in the prior 3 months according to a report released October 8th, 2009 on RealtyTrac , a site which monitors foreclosure across the Country. If you have fallen behind on your mortgage due to hardships, such as loss of income or marital change, you have options to avoid foreclosure. What Is A Foreclosure? Simply put, a foreclosure occurs when a borrower/mortgagee has not made the agreed upon mortgage payments and the lender/mortgagor takes possession of the home that was held as … (8 comments)
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