Tucson real estate : After a four month consistent decline, foreclosure notices in Pima County increased 38% relative to the previous month.
In August 2011 there were 917 foreclosure notices filed in Pima County, compared to 666 in July 2011. The good new is August 2011’s filings were down 14% compared to August 2010.
Foreclosure notices start the foreclosure process by notifying property owners that their loan is in default and their property has been scheduled for auction. Receiving a notices does not guarantee a foreclosure will ultimately occur.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales. Contact Lisa for all your Tucson real estate needs.
