AMOUNT OF HOMES SCHEDULED FOR FORECLOSURE BY SALE IN FAIRFIELD, CT HIGHEST IN LAST FIVE YEARS
There have still been steadily high new foreclosures in Fairfield’s final quarter of 2018. From quarter four of 2017 to quarter four of 2018, the amount of homes that have been scheduled for sale by foreclosure has increased by 88% in the last year and increased by 275% in the last five years. This number is at its highest in the five year time period. Along with this staggering rise, the amount of homes that have been entirely lost to foreclosure has increased by 13% in the last five years. This has kept Fairfield real estate prices stagnant, with only a 1% decrease from 2017 and only a 3% increase over the last five years.
It is clear that despite foreclosures remaining steady for the past four years, the rates of the foreclosed Fairfield homes in the system that are actually lost is devastatingly high. Fairfield homeowners must remember that it is never too early or too late to seek free legal advice in a confidential initial consultation. The key to saving your home is to act fast and speak to an attorney because delay is absolutely deadly for homeowners in the foreclosure process.
The solution lies with the Law Offices of Neil Crane right here in Connecticut. Foreclosure mediation with a specialized and experienced foreclosure defense attorney will work to modify your mortgage to an affordable rate and save your home. The banks have their attorneys and you need highly qualified representation too.
The committed team of attorneys at the Law Offices of Neil Crane has been saving homes since 1983 in Fairfield and all across Connecticut. We can also provide genuine, effective solutions to other hurdles that may be causing financial distress including overwhelming credit card debt. Call us at (203) 230-2233 or toll free at 1(888) 249-3027 to schedule an absolutely free consultation and get the help you need. One call can solve it all.