"Florida lawmakers are looking for ways to speed up the foreclosure process. The courts are dealing with a backlog of a quarter million foreclosure cases, and the court system is running short on money.
The state’s chief economist says for every home that’s sold, three go into foreclosure.
Amy Baker told a state Senate Judiciary Committee Wednesday that it may take a few years before low housing prices attract enough buyers to turn the market around. She said each foreclosure case in Florida now takes an average of 676 days to complete".............READ MORE
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