Foreclosures in Process by State
Methodology as per CoreLogic: The foreclosure inventory represents the number and ratio of homes that have been placed into the process of foreclosure by the mortgage servicer. Mortgage servicers start the foreclosure process when the mortgage reaches a specific level of serious delinquency as dictated by the investor for the mortgage loan … The foreclosure inventory is measured only against homes that have an outstanding mortgage. Homes with no mortgage liens can never be in foreclosure and are therefore excluded from the analysis.
For further information, go to www.corelogic.com
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What I’d like to see is a forecast specific to Portland, Oregon — by neighborhood.
I’m thinking of selling an Eastmoreland house later this year, when renters depart, and would find that data interesting.
Sorry, but the report did not provide data at that local of a level.
Why does some state have higher average?
Non-judicial states allowed the banks to clear their distressed properties more easily while judicial states tied them up in the court system.
This is done for a take-out at closing while not damaging the owner’s credit and drastically lowering
the principal balance and debt service. Ask
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I almost never comment, however i did a few searching and wound
up here Foreclosures in Process by State | Keeping Current Matters.
And I do have a few questions for you if
it’s allright. Could it be simply me or does it look like some of the
comments look like left by brain dead people? :-P And, if you are
writing on other places, I would like to keep
up with anything fresh youu have to post. Could you make a
ljst of all of your comjunity pages like your Facebook page,
twitter feed, or linkedin profile?
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