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Foreclosure Times Getting Faster

Friday, December 2nd, 2016

The average foreclosure time in the US is still over 600 days. But, there is a wide disparity state to state, and whether a particular state uses a court system – judicial – process to oversee the foreclosure.

Take a look at this map of the US with average foreclosure time shown for each state. You may see why many note buyers don’t like Florida and some other Eastern states.

realtormag.realtor.org/daily-news/2016/10/18/average-time-foreclose-getting-faster.

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