Real estate research firm RealtyTrac recently reported that foreclosure filings experienced a 29 percent year-over-year decrease in Alabama in August.
Last month, a total of 1,358 foreclosures were filed in the state. 711 of the foreclosure filings were notice of trustee sales and 647 of the foreclosure filings were real estate-owned properties.
In addition, 1 in every 1,607 homes in Alabama was in foreclosure, according to last month’s foreclosure data.
Nationwide, foreclosure filings experienced a year-over-year decrease of 32.7 percent in August.
If you or someone you know is facing a foreclosure, an experienced foreclosure defense attorney can help. Contact the Birmingham foreclosure defense lawyers of Greenway Bankruptcy Law, LLC at (205) 324-4000 today.