According to a recently published report from the U.S. Census Bureau, Florida leads the country for possible evictions or foreclosures.
According to a recently published report from the U.S. Census Bureau, Florida leads the country for possible evictions or foreclosures.
Close to 52 percent of Florida adults residing in households not actually on rent or lease have an increased likelihood of facing eviction or foreclosure during the next two months, the Household Pulse Survey of the bureau reveals.
The Household Pulse Study looks at the various aspects in which the pandemic has affected people’s lives, from accommodation to work to schooling. In hopes of educating federal and state reaction and recovery plans, the results are periodically put out.
Florida’s ban on evictions expired close to two months ago. At the end of the year, the federal CDC moratorium is due to expire.
Are you thinking about purchasing foreclosure property in Florida cities and areas like Naples or Collier County once the potential wave hits? Monroe Funding Corporation can provide quick financing with lenient terms and very few requirements. Visit our website and fill out our online application to get started.
To read more, please visit https://www.mynews13.com/fl/orlando/news/2020/11/19/survey-florida-tops-nation-in-likely-evictions-foreclosures.
This update is by hard money lenders Miami company Monroe Funding Corporation, a direct equity lender serving clients throughout Central and South Florida. We specialize in first mortgages on non-owner occupied residential and commercial property investments as well as real estate loan options. Our fast and flexible loan programs get you to the closing table quickly and professionally. For more information on Broward County hard money lending, please call 954-816-0388 or fill out our application.