With the housing market crash almost ten years behind us, there are signs of things being on the up and up for real estate. There have been a lot of changes in the national real estate market over the last ten years. Recent studies show that at the end of 2015 foreclosure activity has gone down significantly! Statistics show the number of foreclosures nationwide look similar to the numbers prior to the recession. Even with this positive outlook for the future, there are still a few states struggling with foreclosures all over the U.S. What states would you think ranked the highest for foreclosures last year? I bet if you take a look, the list would surprise you. To see the top ten foreclosure states, please click on the link below by bankrate.com.
Foreclosures can be a very difficult process to navigate. There are many complexities and different laws affecting the process, on not only the federal and state level, but some localities have imposed their own rules as well. With that said, it is beneficial to have someone who understands this process to guide you around any of the hazardous traps that can cause you much more heartache in the end. Here at Total Lender Solutions, our team has over 30 years of experience. If you have any questions or needs with the foreclosure process, please call us at 866-535-3736 and let us guide you with the highest level of expertise.