1 in 4 third-quarter home sales were foreclosures in Palm Beach County

01/27/2012 11:10 AM | Anonymous
The Palm Beach Post reports that 1 in 4 of the third-quarter home sales in Palm Beach County were post foreclosure properties.   More here.   This highlights the importance to the title industry and to Florida's still fragile real estate economy of making sure final judgments of foreclosure remain "Final" and are not later called into question by allegations of underlying fraud and robo-signing.

These are the reasons that FLTA has been leading the fight for Rep. Kathleen Passidomo's (R-Naples) HB 213, which would statutorily protect the innocent purchaser of a previously foreclosed home, and are filing an amicus brief on the subject before the Florida Supreme Court.


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