Texas Leads Nation in Foreclosure Statistics

Texas Leads Nation in Foreclosure Statistics

Texas leads nation in surprising foreclosure statistic

With one in every 1,133 homes receiving a foreclosure notice during December 2011, Texas has nowhere near the problem facing states like Nevada (one in 177) and California (one in 254), according to RealtyTrac.

There is one foreclosure measure, though, where Texas ranks first: speed. The foreclosure process last year averaged 90 days in the Lone Star State. Foreclosures in New York and New Jersey take 10 times as long, while the national average is nearly a year.

Some argue that a shorter process leads to more foreclosures, since homeowners have less time to make good on late payments and penalties. Others believe that drawn-out proceedings give borrowers an incentive to live in their homes without trying to cure the problem.

You can point homeowners with mortgage difficulties to KeepMyTexasHome.org. The site, created by the Texas Association of REALTORS®, provides comprehensive information about the foreclosure process and resources that could save one of your former or future clients from experiencing just how swiftly a Texas foreclosure can take place.

 

Coppell, TX has only foreclosure on the books: http://www.lisa.jphomesforsale.com/property/37-11645762-96-Dobecka-Drive-Coppell-TX-75019

Come check out more properties at www.yourhomeretriever.com

Lisa Montes- "Your Home Retriever"

Exceeding Expectations with JP and Associates REALTORs

www.yourhomeretriever.com

817-201-7388 


Michael Worley Headshot
Author:
Phone: 214-394-8299
Dated: February 9th 2012
Views: 3,172
About Michael: Are you looking for a Realtor that will put your interests first? As a young kid growing up in the ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Selling In The Winter Attracts Serious Buyers - A recent study of more tha
This Holiday Season - Listing your home this winter? 
Dec 2 2016 17359 1 - WALSH FORT WORTH UPDATENew Homes Sta
5 Reasons Why Homeownership Is A Good Financial Investment - According to a recent report&nb

Our Bloggers

Comprar Casa DFW * - 1
Kim Allman - 5
Cara Balderas - 28
Tami Bennett - 45
Jessica Boozer - 18
Rhonda Borgne - 1
Olivia Borowski - 1
Jennifer Boyd - 2
Deborah Boyd - 16
Jamie Brannagan - 1
Annette Bruen - 20
Moira Brunken - 11
Beverly Bryant - 23
Sherry Cabrera - 359
Ana Cantu - 1
Lisa Cardillo - 52
Bob Cardillo - 4
Shea Cargile - 12
Tori Cecil - 3
Lucina Cervantes - 11
Troy Copeland - 11
Gregory Cornett - 2
Angela Cotten - 51
Missie Craig - 12
Greg Cunningham - 2
Leah Ecob - 15
Kristine Edens - 3
Jill Elliott - 99
Laneal Ernest - 9
Nicole Espinosa - 27
Christopher Evans - 1
Heather Feragotti - 8
Mark Fischer - 2
Susan Florsch - 12
Jennifer Flynn - 4
Leslie Fogle - 101
Larry Frassinelli - 6
Chad Gabriel - 58
Malci Gariani - 1
Shalee Garza - 10
Cassie Gillock - 2
Ryan Gonzales - 3
Christina Gonzalez - 5
Wilma Goodwin - 2
William Graves - 5
Sandra Hunt - 67
Bill Hurd - 3
Gary Hutchings - 20
Rachel Jama - 47
Trenton Johnson - 15
Felicia Johnson - 78
Jemi Khan - 26
Leigh Klotz - 5
Amber L Johnson - 6
Michele Lafortune - 22
Wanda Lewis - 2
Mark Linder - 1
Noreen Lodhi - 9
Stacy Lynn Massar - 27
Hiwot Melaku - 1
Jennifer Menting - 17
Mikki Migis - 8
Richard Mikus - 1
Sean Moniri - 21
Naddia Morales - 10
Keith Moses - 9
Mark Mulch - 19
Erick Murphy - 6
Steve Murray - 1
Julie Nicholson - 10
Nikki Okpuzor - 3
Alan Oliver - 7
Kelly Oltmann - 2
Kaysone Orlando - 1
Holli Paddio - 3
Ancy Philips - 7
JP Piccinini - 48
Julie Ann Pickering - 85
Ann-Marie Pope - 2
Joshua Putman - 111
Mimi Rader - 1
Shelia Randolph - 33
Terri Anne Ray - 1
Teneka Ray - 1
Go 2 Girls Realty - 173
Bethany Rowan - 15
Kelly Rumney - 9
Amy Jo Saenz - 3
Linda Scardis - 4
Sandy Setliff - 209
Christine Shannon - 29
Rene Sinclair - 27
Shelby Smith - 3
Bryce Smith - 5
Monica Solkhon - 1
Rodrigo Sotomayor - 16
Brent Stack - 1
Jenna Stanley - 9
Kelley Stubbs - 3
Melodie Sulgrove - 1
Seana Taylor - 205
Mary Taylor - 13
Julian Taylor - 17
Erica Taylor - 40
Angela Taylor - 1
Karla Terrell - 2
Joey Thomas - 2
Jason Todd - 24
Andrea Trimble - 55
Miguel Umana - 6
Staci Van Allen - 12
Diane Velez - 17
Debbie Viverito - 132
Nick Walton - 75
Spring Weeks - 8
Michael Worley - 160
Keisha York - 30
Debbie Zurita - 17

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

JP And Associates REALTORS
6175 Main Street #355 Frisco Texas 75034
Frisco, TX
972-375-9448
4692875503

Other Locations