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Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...
In 2010, the highest rates of foreclosure filings were in Las Vegas, Nevada; Fort Myers, Florida; Modesto, California; Scottsdale, Arizona; Miami, Florida; and Ontario, California. The geographic diversity of these cities is made up for by the fact they these are all relatively metropolitan areas.
Lehigh Acres is a census-designated place (CDP) in Lee County, Florida, United States. As of the 2020 Census the population was 114,287, up from 86,784 at the 2010 census. Lehigh Acres is part of the Cape Coral-Fort Myers, Florida Metropolitan Statistical Area. It is one of the fastest growing communities in Lee County. [4]
Fort Myers (or Ft. Myers) is a city in and the county seat [7] of Lee County, Florida, United States. As of the 2020 census , the population was 86,395; it was estimated to have grown to 95,949 in 2022, making it the 25th-most populous city in Florida. [ 5 ]
[3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]
Florida's debtor protection homestead provision is one of the broadest in the United States.The value of the property that can be protected is unlimited, so long as the property occupies no more than one-half acre (2,000 sq m) within a municipality, or 160 acres (650,000 sq m) outside of a municipality.