Florida Foreclosure Mediation Program
Foreclosures in Florida
An article by Duane Marstellar of Bradenton.com revealed that Florida will be creating a state-wide managed mediation program designed to help more homeowners avoid foreclosure. The Florida Supreme Court has directed judges to refer all new foreclosure cases involving primary residences to mediation, in hopes of easing a glut of foreclosures that is clogging the court [...]
Crestview Florida foreclosure just listed 2460 LAKEVIEW DR S
Foreclosure Bank Owned brick front vinyl siding two story home.This 3 bed 2 bath offers an open floor plan this home features include: 10ft ceilings, ceiling fans, electric fireplace, mini-blinds,granite countertops, ceramic tile, 2 car garage with electric garage door – plus many other features. No Assessment fees or new buyer fees. “This property is [...]
Florida Foreclosure Myths
Myth #1: The bank can’t foreclose on my house because I have homestead.
Truth: Florida homestead law only prevents unsecured creditors (those with uncollateralized debt, such as credit cards or student loans) from foreclosing on your home. When a homeowner uses his/her home as collateral for a loan, the lender can foreclose on the property if [...]
Foreclosures by State
Select a state from the map or the list below for complete state foreclosure information. Each state foreclosure page includes a summary of your state foreclosure law as well as links to other foreclosure law resources.
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Florida Foreclosure Timeline
Foreclosure TimeLine
Pre-foreclosure Period A foreclosure in Florida begins when a lender files court action and records a notice of a pending lawsuit (Lis Pendens) against the borrower. The lender notifies the borrower and any other affected parties in person or in some cases by mail or publication. If the borrower does not respond to the [...]
More pain to come as Florida foreclosure activity rises
Florida continues to have one of the highest rates of foreclosures in the nation. California and Nevada round out the top three and foreclosures were reported as increasing 32 percent from last year.
This means that more bank repos are on the way and depreciation of Florida real estate values will continue.
The bottom is [...]
Cape Coral Florida Foreclosure News! Prices up but…..
LEE COUNTY: our stats report shows 1 out of every 65 homes in the Fort Myers/ Cape Coral area received a foreclosure notice in February. At the same time, Lee County’s foreclosure filings are decreasing.
The truth is in the numbers.
New numbers show Lee County had only 1960 new foreclosure filings in February. That’s compared to [...]