Florida Foreclosures Taking Longer Than Ever

Florida foreclosures taking longer than ever – if you need help with a loan modification, short sale, or foreclosure defense, contact us at jeremy@myfloridaforeclosureattorney.com

Florida foreclosures are now taking longer than ever — almost two-and-a-half years on average during the first three months of this year, according to a new report by the research firm RealtyTrac Inc. From the time a Florida homeowner gets the initial, “lis pendens” notice until the banks take the property, an average of 861 days transpire. Nationally, the process gets completed in less than half that time. [Source: Orlando Sentinel]