As many of you may know, Florida leads the nation in residential mortgage foreclosures. According to a recent report, one in every 400 Florida homes is in foreclosure. In Orange County, that number increases to one foreclosure filing for every 253 homes.
Those are staggering numbers and our forecast for the next several years estimates that some 500 homes will enter into foreclosure each month in Orange County.
Because the foreclosure crisis continues to be an issue in Central Florida, I led an initiative to create a Residential Mortgage Foreclosure Education website to assist those in foreclosure or at-risk of foreclosure. The website – foreclosureinfo.org
– is designed as a hub of information for Central Floridians and includes trusted resources and links to national and local housing agencies, input from the Orange County Bar Association, and answers to frequently asked questions. It also includes guidance on recognizing, avoiding and reporting scams.
The Clerk’s Office handles foreclosure sales in Orange County and is responsible for processing thousands of foreclosure filings each year. As the Clerk of Courts, I see firsthand the anguish and confusion of those facing foreclosure. My goal for the website is to help our residents sift through some of the options and make the process a little easier.
If you are a resident struggling with your mortgage payment – or if you are a family member, neighbor or friend of someone who is – I ask you to take a few minutes to review the website and consider taking advantage of the many resources that are available to homeowners in distress.