Florida is loaded with foreclosures

The numbers for july are in for the state of Florida. One in every 180 residential properties in the state are in trouble. They were served with either mortgage default or a auction date. To put this in perspective on how enoromous this number is just think of your own community where you live. Out of 1,000 homes there are almost six homeowners in risk of losing their home. That is just the month of July!

In the course of a year based n this trend that is 72 homes that will potentially be foreclosed on in one community. And if you live in a newer area built after 2000 that number can easily double or tripple.

There may never be a better time to buy property in our lifetime. One of the best things about pre-foreclosure investing is that with a great deal on a property you are helping a homeowner avoid foreclosure so they can move on with their lives.

The only way we are going to clean up this problem and get the home market back to a positive apprecaition is to move the existing homes for sale. Buy now and reap the benefits in a few years!