Cuevas, Garcia & Torres, P.A.
contact Our Firm Today
Toll free – 877-801-4135

Miami – 305-461-9500

Orlando – 407-992-2251

Don't skip this foreclosure post if you own a home in Florida

Owning a home in Florida is a goal of many. In addition the beautiful, coastal climate, the state offers many other amenities that make it a prime real estate location. There is typically a downside to even the most desirable property locations. An issue that might concern current homeowners in this state has to do with foreclosure.

More people are losing homes to foreclosure in Florida than in all other states except two. In May 2018, one out of every 1,200 homes in this state had a foreclosure filed. This year, the numbers have been even higher. There are numerous opinions as to what might be causing the steady increase.

Despite the current trend regarding financial problems for homeowners in this state, there continues to be a steady influx of newcomers to the area. Some analysts say that part of the problem is that state wages have not increased in years. Insurance and tax rates have gone up, however, which may be one of numerous reasons homeowners have been having trouble keeping up with mortgage payments.

Another common issue for many Florida homeowners is that they purchase homes they think they can afford at the time, then later encounter financial challenges that make it difficult to retain ownership. Hurricanes and other extraneous issues have sparked unemployment problems and other challenges among the general population, especially in the northern part of the state. Anyone who is currently struggling to save a home from foreclosure will want to rely on experienced legal guidance and support rather than try to resolve such problems alone.

No Comments

Leave a comment
Comment Information
The Florida Bar | 1950 American Bar Association DADE County Bar Association | 1916 Orange County Bar Association Coral Gables Bar Association American Immigration Lawyer Association

Contact Us Today. Call 877-801-4135 or complete this form to schedule a consultation with our legal experts.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Offices Conveniently Located in Miami And Orlando
Facebook

Miami Dadeland Office
7300 North Kendall Drive
Suite 680
Miami, FL 33156

Toll Free: 877-801-4135
Phone: 305-461-9500
Fax: 786-362-7127
Map & Directions

Midtown Miami Office
3401 North Miami Avenue
Suite 209
Miami, FL 33127

Toll Free: 877-801-4135
Phone: 305-461-9500
Fax: 786-362-7127
Map & Directions

Orlando Office
801 North Magnolia Avenue
Suite 221
Orlando, FL 32803

Toll Free: 877-801-4135
Fax: 786-362-7127
Map & Directions

Email This Office