Mortgage Foreclosures in Florida Highest in U.S.
Foreclosure rates in Florida were the highest in the nation for the second month in a row, according to a report by RealtyTrac.
The good news is that the October 2012 total was 13 percent below the October 2011 total, which means that the Florida mortgage foreclosure rate is slowly moving in the right direction. That may be small consolation, however, to the 28,783 Florida homeowners who received a foreclosure notice in October.
Florida is at twice the national average for housing units going into foreclosure, with the Florida rate standing at one foreclosure filing for every 312 housing units in October 2012.
Other states ranking in the top 10 for foreclosures include California, Arizona, Georgia, Ohio, Colorado, South Carolina and Michigan.
As reported by the Sun Sentinel, “Broward foreclosures have increased in recent months, but the number of new cases, scheduled auctions and bank repossessions fell 41 percent in October from a year ago.”
Fort Lauderdale Foreclosure Defense Attorney
Choosing the best approach to protecting yourself and your family from a mortgage foreclosure involves many legal considerations. Contact Fort Lauderdale mortgage foreclosure attorney Marcy Resnik to discuss how you can defend your legal rights in a foreclosure. You can contact Ms. Resnik online or call her at 954-321-0176.
