According to CoreLogic, twelve percent of Florida’s home mortgages are in foreclosure, the highest percentage of any state in the nation.
In April, 66,000 foreclosures were completed across the nation, flat with the month of March and down from 78,000 in April 2011. The percentage of mortgages in foreclosure in Florida was down 0.4 percent from April 2011.
The five states that logged the most completed foreclosures for the year ended in April 2012 were California with 142,000; Florida with 92,000; Michigan with 60,000; Texas with 58,000; and Georgia with 57,000, CoreLogic said.
To read more on this story visit: http://www.miamiherald.com/2012/05/30/2824533/florida-still-no-1-in-percentage.html#storylink=cpy
Choosing the right attorney can make the difference between whether or not you can keep your home. A well-qualified attorney will not only help you keep your home, but they will be able to negotiate a loan that has payments you can afford. Foreclosure defense attorney, Timothy Kingcade has helped many facing foreclosure alleviate their stress by letting them stay in their homes for at least another year, allowing them to re-organize their lives. If you have any questions on the topic of foreclosure please feel free to contact me at (305) 285-9100. You can also find useful consumer information on the Kingcade & Garcia, P.A. website at www.miamibankruptcy.com.
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