November 2015 Lee County Florida Foreclosure Report

Lee County Florida Foreclosure Lee County Florida Foreclosure Lee County Florida Foreclosure

Trends at a glance:

Lis Pendens:

—November 2015: 108 Mortgage related Lis Penden

—October 2015: 106 Mortgage related Lis Penden

—November 2014: 136 Mortgage related Lis Pendens

Certificates of Title:

—November 2015: 167 Certificates of Title were conveyed

—October 2015: 116 Certificates of Title were conveyed

—November 2014: 240 Certificates of Title were conveyed

Top Ten Lis Pendens filers:

BANK OF AMERICA NA 13 12.26%
WELLS FARGO BANK NA 12 11.32%
DITECH FINANCIAL LLC 12 11.32%
U S BANK NATIONAL ASSOCIATION TRUSTEE 9 8.49%
DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE 9 8.49%
BANK OF NEW YORK MELLON 9 8.49%
JPMORGAN CHASE BANK NATIONAL ASSOCIATION 5 4.72%
WELLS FARGO BANK NA TRUSTEE 3 2.83%
NATIONSTAR MORTGAGE LLC 3 2.83%
U S BANK NA TRUSTEE 2 1.89%

 

Top Ten Certificates of Title:

FEDERAL NATIONAL MORTGAGE ASSOCIATION 28 16.77%
DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE 9 5.39%
REO RECOVERY LAWYERS LLC 6 3.59%
BANK OF NEW YORK MELLON 5 2.99%
NATIONSTAR MORTGAGE LLC 4 2.40%
SURFRIDER PROPERTIES LLC 3 1.80%
TWO G LLC 3 1.80%
WELLS FARGO BANK NA 3 1.80%
U S BANK NATIONAL ASSOCIATION TRUSTEE 3 1.80%
INTERNATIONAL CAPITAL INVESTMENT COMPANY III 3 1.80%

Notes:

—More of the same…

—We had a month over month increase and a year over year decrease.

—The top ten Lis Pendens filers (National Lending entities) represent 72.64 percent of the filings.

—BOA was number 1 in filings

Upcoming Event!

SWFL REIA MONTHLY LUNCHEONS

When: 11/5/15

Topic: Levered versus Unlevered Returns

Return on (returns) equity is a financial metric that shows how much money an investor earns on its invested capital — the equity. The equity can be leveraged by borrowing money to increase the size of a investment or the amount of investments an investor can purchase.

We will discuss the difference in each as well as upside and downside of each.

Presenter: Michael Lyons, MBA

Location: Pinchers Crab Shack the Marina at Edison Ford

Address: 2360 W 1st St Fort Myers, FL

Time: 11:00 AM to 1:00 PM

From 11:15 to 12:00 there will be time for lunch and networking.

The formal part of the meeting will start at 12:00

For SWFL REIA members your cost is your lunch only.

Non Members are $20.00

Click here for more information

The SWFL REIA is the premier source for Real Estate Investing education and networking.

The SWFL REIA is different in the Real Estate Investing world in that we do not do information product sales. Our content rich meetings focus on Real Estate Investing via collaboration with like-minded Real Estate Investors sharing their own experiences.

The SWFL REIA is on the cutting edge of data gathering and analysis of the housing market and foreclosures. Our Analysis and Trend reporting has made the SWFL REIA an expert source for the media and set standards by which the housing market is analyzed and trended within the industry.

Our members are Real Estate Investors, Real Estate Agents, Title Agents, Insurance Agents, Landlords, Property Managers, Wholesalers, Rehabbers, Note Buyers, Hedge Fund Managers, Bulk Asset Purchasers, Foreclosure and Probate Investors. Come and network!

Our Motto: Knowledge withheld is Knowledge wasted.

The number one key to being successful in real estate investing is?

To understand what you are there to do!

From our experience, this is the most critical phase.  If you have a clear plan it is easier to deploy capital while still operating within a margin of safety.

The SWFL REIA is the premier place to understand what you are here to do, in relation to real estate investing! We look forward to meeting you at a meeting soon!

Click here for membership information