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And according to RealtyTrac, one in 381 homes received a foreclosure filing in August.
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That is a rate of one in 387 houses receiving a foreclosure filing in April, a recent RealtyTrac report said.
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Last month, the number of foreclosure filing hit a record of 360, 149, according to the RealtyTrac U.S. Foreclosure Market Report.
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Nationally, one of every 194 U.S. households received a foreclosure filing in the first three months of 2008, according to recent figures from RealtyTrac.
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The rate of foreclosure in the Sunshine State was 3%, meaning one in every 32 housing units had received at least one foreclosure filing during the year.
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Working fast and furiously creates opportunities for mistakes, Funica said, and Florida foreclosure defense attorneys are filing complaints.
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One of the biggest factors behind the increases is a renewed wave of starts, or the initial filing of the foreclosure process on a defaulted mortgage that kicks off the process.
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Professional investors find pre-foreclosure deals within a day or two of the public filing, and with cash in hand and experience making deals, are often able to make the most out of the information they have.
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If necessary, you may be able to get rid of the rest of your debt by filing for bankruptcy while keeping your home out of foreclosure.
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His more consequential move came in 2006, when he started buying, from five law firms so far, the back-office operations handling foreclosure work: mailing notices, notifying homeowners and courts and filing the paperwork needed to seize a home.
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The judges overturned a lower-court ruling that none of the errors justified setting aside the foreclosure, saying New Jersey law requires the name of the lender to be on the initial filing.
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