The Andres Lopez Law Firm

April 2014 Archives

30 percent of homes in South Florida 'seriously underwater'

As the foreclosure crisis in Florida appears to be coming to an end, many homeowners still find themselves in deep financial trouble. According to the South Florida Sun Sentinel, about 30 percent of homeowners in the area are “seriously underwater” on their mortgages. It is possible that many more people will have to go through foreclosure and the loss of their home before this figure goes down.

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