Foreclosure filings are down to their lowest levels since before the recession. But the declines in activity do not hold true for the whole country. The website RealtyTrac says the national average for the number of default notices, auctions and repossessions declined 7 percent. The operative word here is average.
The national average on foreclosure activity has fallen to rates last seen before the great recession. But that decline was driven by certain states, including California, Michigan and Arizona, where foreclosure activity declined by double-digits. Meanwhile, activity was dramatically up in some states, including Florida, Illinois, New York and New Jersey.
To read more on this story visit: http://www.npr.org/2012/10/11/162743637/foreclosure-activity-wildly-different-across-u-s
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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