Wednesday, February 20, 2013

Foreclosures Rise in S. Florida! Here are some helpful tips...


   Oh the beautiful Sunshine State, Sunny South Florida beaches and the many attractions appeals many people to flock to South Florida. Excuse me, they’re not just flocking, they are sprinting to homes near you to snatch up the foreclosed homes in you neighborhood.  According to Realty Trac, “South Florida still ranks among the top 20 markets nationwide in which to purchase foreclosures this year.”

According to Real Trac, 7 counties spread throughout the state of Florida have made the list of “Top 20 Markets nationwide in which to buy foreclosures this year. These counties include Lakeland which landed No.5, Tampa-St. Petersburg at No.6, Jacksonville at No.7, Orlando at No.9 as well as Palm Beach, Broward and Miami Dade counties coming in at No.12 on the list. Realty Trac states that in Palm Beach County, 2,950 are waiting victims of the bank in 2013. They go on to say that, 1 in every 224 housing units in Palm Beach County are up for foreclosure.

Tina El Fadel, a foreclosure defense attorney at KS Attorneys at law states: “If properly defended a foreclosure case could take up to 2 years, but if ignored it will be considered a default and could result in one losing their home within 4 months”. Every foreclosure is unique , you are not without defenses. Florida is a judicial state which means that the bank has to prove they have the right to foreclose, this includes but not limited to the proper party being before the court as well as proper documentation.

For help with you foreclosure defense or would like more information about foreclosure defense, please contact KS Attorneys at Law at ks-law.com or call to schedule an obligation free, consultation at 561-939-8042. It’s not too late to stop your foreclosure case.
 

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