Foreclosure Fetcher Blog

Foreclosures in Lee County, Florida are skyrocketing.  It’s the same story about adjustable loans that are now getting people into trouble.  Over 2000 houses have been foreclosed on this year in Lee County alone.  When you combine the rise in insurance with the higher mortgage payments it is just too much for many and they are forced into foreclosures.  If you live in southwest Florida and you are interested in buying a foreclosure this is a good time to do it.

The big news in foreclosures today is that Florida has climbed to the third position in foreclosures in the United States.  Florida is a hot market and a great place to invest in real estate but because the market has seen huge increases in the last few years you should proceed with caution.  Buying a foreclosure is a great way to find a valuable property at less than the going market rate.  If you live in Florida, or have been thinking about moving to or investing in Florida real estate, this is a good time to consider buying a foreclosed property in Florida.