Records obtained from the Pinellas County Clerk of Court reflect that 1369 foreclosures were filed in Pinellas County from July 1, 2009 until July 30, 2009. This is a massive number of foreclosures and the impact of so many foreclosures filed will affect not just those who are served with foreclosure but anyone who owns property in the county. This staggering number is matched by an equally troubling number–more than 400 foreclosure auction sales were held during that same period of time. The vast majority of those foreclosure auctions will result in the property being returned to the bank or lender only to be liquidated at some point in time for a fraction of the amount owed to the lender.
The most unfortunate thing about the nubmer of foreclosures filed is that the vast majority of property owners do not retain an attorney to assist with their foreclosure case. Homeowners who don’t retain an attorney risk losing their home in a matter of weeks. Homeowners who do retain an experienced foreclosure attorney are often able to obtain a favorable resolution to their case that they would not otherwise have been able to obtain. For more information on the foreclosure process or resources available to you visit https://www.pinellascounty.org/foreclosure/default.htm or contact my office directly at 727/894-3159.