Foreclosure an Effective Method to Recoup Unpaid Condo Assessments

Foreclosure rates for residential properties continue to drop. Black Knight Financial Services reported that in 2016, the national foreclosure rate dropped by 30 percent. The first quarter of 2017 reports the lowest rate of foreclosure activity since 2006.  As the inventory of foreclosed properties lessens, housing markets will see an increase in value. Owners should start to see home values on the rise.    Read the article………….


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