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"The State of foreclosure in the state of florida is is almost exactly where the cournty was 3 or 4 years ago," said Shari Olefson, CEO, The Carnegie Group.
Over 300,000 homeowners in Florida are still in foreclosure, many with underwater mortgages. Click through to see the video.
The article can be found at http://america.aljazeera.com/watch/shows/real-money-with-alivelshi/Real-Money-Blog/2014/2/19/florida-still-strugglingafterthehousingbust.html
Our firm handles many foreclosure cases, defending clients throughout Florida, Illinois, New Jersey, New York and Pennsylvania.
Greg Nordt, Esq. is one of our Florida foreclosure defense attorneys and is respected as an authority on underwater properties and foreclosure matters by his peers and our clients. Although the foreclosure process in Florida can allow a homeowner to stay in the property for 2 or more years without paying their mortgage and without a judgment being granted, it is still a very serious matter and Mr. Nordt urges everyone to speak with counsel about a strategy for legal defense.