Recent information from RealtyTrac said that nationwide the number of homeowners who entered foreclosure proceedings last February marked the lowest since 2006, an article by Forbes stated on March 13.
The real estate firm recorded at least 51,842 homes last month that have started the foreclosure process, which is much lower compared to January. Meanwhile, RealtyTrac also stated that a total of 112,498 properties nationwide were in different stages of the foreclosure process, which is considered to be the lowest since 2006 ended.
While most states continue to experience a decline in foreclosure, RealtyTrac observed foreclosure starts increasing last month in at least 14 states.
Attorney Ryan J. Really, Attorney at Law, PLLC, understands that many Florida homeowners are threatened with the loss of their home due to foreclosure and outstanding debts. Fortunately, there are legal options available that may be able to help you keep your home. Discuss these options and how he can help you by calling 513-621-0999 today.