The "Rocket Docket": Novel Concept For Expediting Foreclosures

By
Real Estate Broker/Owner with Lazarus Realty

2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge

I thought this was an interesting artilcle:

A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases 

 

FORT MYERS, Fla. -- Hoping to save her house, Saundra Hill Scott arrived at the county courthouse clutching dog-eared mortgage bills and letters from her lender. She need not have bothered. The foreclosure hearing lasted less than 20 seconds, with Judge John Carlin asking her two questions: Are you current on your mortgage and are you living in the home? She answered no and yes and then offered to show him her paperwork.

"I don't need to see that. That's between you and the bank," he said as he gave Ms. Hill Scott, her husband and three grandchildren 60 days to work out a deal with their lender or vacate their three-bedroom house.

Homeowners still have a HUGE advantage over renters when it comes to hard times.  What do I mean?  I mean that renters get a 3 day notice to perform once the grace period expires on their rent.  After that they get an unlawful detainer and are generally out on the streets in 30 to 45 days whereas a homeowner gets 90 days to catch up and in this market some people are remaining in their home many months before the bank takes action.

 

FACING FORECLOSURE IN FRESNO? 

CALL ME.

 

 

 

Lazarus Realty
Lazarus

Direct:
Fax:

559.301.1647
559.438.7475

1319 W Bullard #4 -- Fresno CA -- 93711

© Randy "Lazarus" McAtee

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Rainmaker
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Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

That's a pretty no-nonsense approach. Are you current, or aren't you? I used to work collecting delinquent rents while in grad school, and that was the only was to do the job and stay sane.

Feb 24, 2009 01:00 AM #1
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Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

It's all scary though.....

Feb 24, 2009 01:01 AM #2
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Rainmaker
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Randy "Lazarus" McAtee

Owner/Broker, Lazarus Realty, Fresno California
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