Short Sale, Foreclosure and Strategic Default

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Sunday, June 24, 2007

Foreclosure and Short sales Sarasota

The Manatee Herald Tribune reported this morning that delinquencies were up 70% in Sarasota and Foreclosures were up 104%. Apparently homeowners are not concerned about their taxes when they are upside down.

The area hardest hit is North Port with between 141 and 261 foreclosures

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