New Foreclosure Rates Fall; Lost Homes Hit Record Highs

The number of Branford, CT homes lost to foreclosure has increased dramatically from the third quarter the last five years as 23 homes were lost to foreclosure a 130% increase from the previous 3rd quarter- the highest rate in the past 5 years. The third quarter of 2018 saw more than twice the amount of lost homes as the third quarter of 2014 with 23 homes lost in 2018 and 11 homes lost in 2014- a 109% increase in just 5 years.

Additionally, Branford’s real estate values have increased by less than 7% in the past five years. Failure to save homes in foreclosure results from poor foreclosure mediation success and insufficient resources dedicated to making the foreclosure mediation process work to save homes.

Branford homes are savable with the help of experienced attorneys who only represent homeowners and know how to save your home.

The New Haven foreclosure mediation system is failing Branford homeowners by losing savable houses. Foreclosure mediators encourage homeowners to continue in foreclosure without legal representation despite the fact that all banks have legal counsel. Don’t fall for this trap! Get educated and get the protection you deserve.

Call the experienced Branford foreclosure defense attorneys at the Law Offices of Neil Crane to learn more about your foreclosure mediation options. We have been saving Branford and New Haven County homes since 1983. Call the dedicated and knowledgeable foreclosure defense attorneys at the Law Offices of Neil Crane at 203-230-2233 or toll free at 1-888-249-3027 to schedule a free consultation. You will always speak to an attorney. We do not use voice mail.