Tuesday 4 September 2018

Lee County Florida August 2018 Foreclosure Report

Where does the Lee County Florida August 2018 Foreclosure Report?

We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market.

Compiled and analyzed by Jeff Tumbarello.

Lee County Florida August 2018 Foreclosure Report: Trends at a glance.

Lis Pendens:

  • August 2018:  130 Mortgage related Lis Pendens
  • July 2018: 107 Mortgage related Lis Pendens
  • August 2017: 89 Mortgage related Lis Pendens

Certificates of Title:

  • August 2018: 47 Certificates of Title were conveyed.
  • July 2018: 58 Certificates of Title were conveyed.
  • July 2017: 87 Certificates of Title were conveyed.

Lee County Florida August 2018 Foreclosure Report: Charts.

August 2018 Foreclosure Report August 2018 Foreclosure Report August 2018 Foreclosure Report August 2018 Foreclosure Report August 2018 Foreclosure Report August 2018 Foreclosure Report

 

August 2018 Foreclosure Report: Top Ten Lis Pendens filers.

BANK OF NEW YORK MELLON

14 10.77%

WELLS FARGO BANK N A

10

7.69%

WELLS FARGO BANK NA

10 7.69%
U S BANK NATIONAL ASSOCIATION 7

5.38%

FEDERAL NATIONAL MORTGAGE ASSOCIATION

6 4.62%

NATIONSTAR MORTGAGE LLC

5

3.85%

DITECH FINANCIAL LLC 4

3.08%

JPMORGAN CHASE BANK NATIONAL ASSOCIATION

4 3.08%
U S BANK NATIONAL ASSOCIATION TRUSTEE 4

3.08%

DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE 4

3.08%

 

August 2018 Foreclosure Report: Top Ten Certificates of Title.

FEDERAL NATIONAL MORTGAGE ASSOCIATION

5 10.64%
US BANK NATIONAL ASSOCIATION TRUSTEE 3

6.38%

VENTURA JOLUVEN

2 4.26%

BURRITO GROUP PROPERTIES LLC

2 4.26%
DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE

2

4.26%

POWELL CONNIE FAYE

1

2.13%

FLORIDA REAL ESTATE RESCUE LLC

1 2.13%
U S BANK NATIONAL ASSOCIATION TRUSTEE 1

2.13%

ECKERTY THOMAS G TRUSTEE

1 2.13%
INTERCONTINENTAL PROPERTIES LLC TRUSTEE 1

2.13%

August 2018 Foreclosure Report: Top Ten Certificates of Title for Non-Banks.

VENTURA JOLUVEN 2

4.26%

BURRITO GROUP PROPERTIES LLC

2 4.26%
POWELL CONNIE FAYE 1

2.13%

ECKERTY THOMAS G TRUSTEE

1 2.13%
INTERCONTINENTAL PROPERTIES LLC TRUSTEE 1

2.13%

RANDOM PROPERTIES ACQUISITION CORP III

1 2.13%

DONG PENG LLC

1

2.13%

EQUITY TRUST COMPANY CUSTODIAN

1 2.13%
QUILTER EDWARD LEO 1

2.13%

GATOR REALTY & LEASING INC 1

2.13%

August 2018 Foreclosure Report: Notes.

A month over month increase. What does that mean?

  • The current trend of the distressed market NOT being a primary (last cycle) driver will continue. Currently, the distressed market share is
  • The uptick appears to be the following factors.
  • Old Modifications (2004 – 2007) that are now going bad.
  • New Low money down builder transactions.
  • “Normal” Distressed Situations.
  • Probates where a mortgage was involved.
  • Storm Damaged houses.

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 Subject: August 2018 Foreclosure Report

 

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source https://swflreia.com/2018/09/04/lee-county-florida-august-2018-foreclosure-report/

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