NEW HAVEN NEW FORECLOSURES DOWN WHILE RATE OF LOST HOMES INCREASES IN THE SECOND QUARTER OF 2018

New Haven, CT second quarter 2018 new foreclosure rates have fallen by 53% compared to the same period in 2017. In 2015, only 49% of homes that went into foreclosure were eventually lost. While in 2018, 76% of homes that went into foreclosure were lost. While the number of new foreclosures has been reduced from 2017, the percentage of homes lost to foreclosure has increased significantly. Homes lost in the foreclosure process increased as the insufficient options provided by the state's foreclosure mediation process failed to provide homeowners with the answers needed to prevent home loss to foreclosure.

The New Haven foreclosure mediation system continues to prove itself incapable of meeting the needs of hardworking New Haven homeowners. Every single bank has specialized attorneys who will fight to take your home. New Haven homeowners in trouble need qualified and experienced foreclosure defense attorneys who will fight to save your home. Foreclosure mediators agree with Bank attorneys in 97% of all cases. Don't fall victim to the false sense of security from mediators who continue to fail New Haven homeowners. Get the help you deserve.

Homeowners interested in saving their home need to get educated, get tough, and reverse the tide. To learn more about your rights and how to win at mediation, call the experienced New Haven foreclosure defense attorneys at the Law Offices of Neil Crane at 203-230-2233 or toll free at 1-888-249-3027.

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