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Because much of how foreclosures proceed is based on state law, it's important to understand the foreclosure laws of Florida if you are struggling to make your mortgage payment, facing foreclosure, or in the middle of foreclosure.
Florida is noteworthy these days when it comes to foreclosure: Foreclosures in Florida, on average, take longer than in almost any other state. This means that if you are facing foreclosure in Florida, you may have extra time to work out a loan modification or other loss mitigation option, or to save some money while the foreclosure process lingers on.
Here you can learn about Florida foreclosure procedures, as well as some new programs to assist struggling Florida homeowners.