Third Quarter 2018 Foreclosure Rates Down

Newly started foreclosures in Manchester, CT dropped from 40 in the third quarter of 2017 to 28 in the third quarter of 2018 – a decrease of 12 foreclosures from the similar 90 day period of 2017. Still, nearly one home goes into foreclosure in Manchester, CT every three days. Third quarter foreclosure rates were down 27% from second quarter 2018, with 38 second quarter Manchester foreclosures vs. 18 in the third quarter of 2018. Since the 3rd quarter of 2017, Manchester real estate values have increased by just 1.7% and sales increased by only 0.3%.

Homeowners need to seek prompt and experienced legal representation to take advantage of mandatory mediation and save their home from foreclosure.

Tips for families in foreclosure:

  • Bank attorneys don’t show proper respect for pro se or self-represented homeowners in foreclosure
  • If you can’t afford experienced legal representation, you probably can’t afford to save your home.
  • Specialized foreclosure defense attorneys are the best and last chance to save your home from loss to foreclosure.

Don’t go it alone! Seek qualified, experienced and specialized legal representation from our highly successful team of foreclosure fighting attorneys.

To learn more about how our dedicated legal team can help you save your home, call the Manchester foreclosure defense and foreclosure mediation attorneys at the Law Offices of Neil Crane today at 203-230-2233 or toll free at 1-888-249-3027. You will always speak to an attorney. We do not use voicemail.