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U.S. foreclosure properties in 2011 were reported to tally 1.9 million and although these numbers seem staggering they are actually lower than recent years do to the robo-signing scandal in the states with a judicial foreclosure process [Florida is one of them]. Bank Owned Home inventory in 2011 totaled 804,423. The number of foreclosure properties are on the rise in 2012. Good News: many homeowner's have "just enough time" to find a solution and avoid foreclosure. There are options; distressed homeowners just need to find the right source to help them through this difficult process. If you know of anyone that can use a helping hand... WE ARE HERE TO HELP, no matter where they may be located.

www.dsnews.com
RealtyTrac’s year-end report released Thursday shows foreclosure filings – including default, auction, and bank repossession notices – were reported on 1,887,777 U.S. properties in 2011. Of that total, 804,423 homes were taken back by lenders.

Posted by Michelle Burgos (REW) on January 12th, 2012 10:03 AMPost a Comment (0)

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