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Updated: 6:59 PM Jul 4, 2009
Face of Foreclosure
The Florida Realtors Association wants to know what forced so many Floridians into foreclosure. Posted: 6:59 PM Jul 4, 2009Reporter: WJHG News Staff |
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The Florida Realtors Association wants to know what forced so many Floridians into foreclosure.
The association has launched a website with a survey for people who have lost their homes. Spokesman John Sebree says the association wants to put a face on foreclosure in the state.
"We find out that most of them have just been a lone number or a case number and no one has really asked them what their problems are; Did they lose a job, was there a divorce, was their child sick and in the hospital?” said Florida Association of Realtors, John Sebree. “There are so many things that lead to a foreclosure and no one has taken the opportunity to ask those questions."
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A lot of people got into mortgages with adjustable rates or balloons and cannot find a lender willing to refi their property due to different guidelines or decreased property values.
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