Florida “Zombie” Foreclosures Are The Highest Throughout The Nation

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Even after a 35 percent decrease in “zombie” foreclosures, Florida continues to lead the nation with the highest number of “zombie” foreclosures.

Throughout the U.S., Florida has the highest number of “zombie” foreclosures. “Zombie” foreclosure is a term used for properties that are under foreclosure but have been abandoned. There are only 36,000 pending “zombie” foreclosures, which is a 35 percent decline from this time last year.

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Clerical Error Costs Bank Foreclosure Case

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Clerical errors, both by the bank and by the court, have caused lengthy foreclosure cases to be dismissed.

A clerical error cost Bank of America a four year foreclosure case when it should have been something clear-cut. In 2009 the plaintiff was granted a final judgment against the defendant Heather Epstein, who moved out of the property the following year, and Bank of America took over the property with a new certificate of title.

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Any information on this website is not intended to be communicated as legal advice. All information contained on this site is general and intended for information purposes only. For detailed legal advice regarding your loan modification, foreclosure, and/or bankruptcy needs, please schedule an appointment with the attorney. The Law Office of Emil Fleysher, P.A. is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.