One thing that should be front and center with all this attention over House Bill 87 and the claimed need to:
And this of course applies to foreclosures in St. Petersburg…..
REFORM FLORIDA’S FORECLOSURE LAWS TO WE CAN CLEAR THIS FORECLOSURE BACKLOG!
I just returned from a courtroom where the existing laws, court funding and procedures were allowing the plaintiffs to ram through foreclosures just as fast as they cared to. And when the plaintiff did not care to….THE COURT WAS DEMANDING THAT THE PLAINTIFF MOVE THE CASES ANYWAY!
Based on this Tsunami, Based on this Avalanche, Based on This Hurricane of trashed out Florida Foreclosure Properties….I wonder what the justification for all this new legislating is?
Now, I want everyone to think about not just the acts here….BUT THE CONSEQUENCES.
What are the consequences of 100,000 foreclosures?
What happens when the sheriffs of this state move to execute on those Writs?
What is the impact on real estate prices?
Will the auctions be public or private, inside sales?
by Kim Miller
Florida’s overwhelmed court system cleared 105,020 foreclosure cases between July and the end of December as additional judges and case managers worked to clear a stubborn backlog.
Despite the number of foreclosures taken out of the system, an additional 98,432 new cases filed during the same time period means pending cases at the end of December were still at a whopping 371,119, according to the most recent Office of the State Courts Administrator foreclosure report.
That’s a net clearance of just 6,588 cases statewide. Also, of the cases disposed during the 6-month period, about 42 percent were dismissed. Depending on the type of dismissal, those cases could be filed again.
Palm Beach County courts cleared 8,403 cases between July and December, but with 7,104 new cases added, there remains a backlog of 31,678.
On average, Palm Beach County cleared 1,051 foreclosures per month. December marked the highest number of cleared cases at 1,526.