2016 Lee County Foreclosure Report

Compiled and analyzed by Jeff Tumbarello, Director

1016lpmid 2016 Lee County Foreclosure Report 2016 Lee County Foreclosure Report

 

2016 Lee County Foreclosure Report Trends at a glance:

Lis Pendens:

—November 2016: 82 Mortgage related Lis Pendens.

—October 2016: 87 Mortgage related Lis Pendens.

—November 2015: 106 Mortgage related Lis Pendens.

Certificates of Title:

—November 2016: 116 Certificates of Title were conveyed.

—October 2016: 90 Certificates of Title were conveyed.

—November 2015: 167 Certificates of Title were conveyed.

Notes for 2016 Lee County Foreclosure Report:

—More of the same for this 2016 Lee County Foreclosure Report…

—We had a SLIGHT month over month and year over year decrease in Mortgage Related Lis Pendens Filings.

—The top ten Lis Pendens filers represent 59 percent of the filings.

—FEDERAL NATIONAL MORTGAGE ASSOCIATION was number 1 in filings. BANK OF AMERICA NA was number 2

—There slight increase in certificate of title conveyances month over month.

—The current trend of the distressed market NOT being a primary (last cycle) driver will continue.


SWFL REIA MONTHLY LUNCHEONS

When: 12/1/16 

Topic: Code Violations as a source of deals?

What Are Code Violations?

City and county governments have minimum standards for housing that include safety, sanitation and suitability.  When a code enforcement officer or housing inspector finds a property that does not meet these minimum standards it will be tagged with a code violation.

We will be presenting some analysis of Code Violations and what that analysis means to investors.

Presenter: Jeff Tumbarello, Director SWFL REIA  and Broker Steelbridge Realty LLC

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I have worked with the following media outlets as a subject matter expert. (General Real Estate, Real Estate Statistics, Real Estate Investing & Foreclosures): NPR, Bloomberg, Huffington Post, Wall Street Journal, NBC, ABC, Wink, Fox, Fort Myers News Press, Naples Daily News, Fort Myers Weekly, and Gulf Coast Business Journal.

I am the local expert and source of data for the current trends in foreclosures. I also have performed market metrics and product modeling for the capital markets and several private equity firms. I also was a Trainer/Speaker for the Florida Housing Coalition.

Location: Pinchers Crab Shack the Marina at Edison Ford

Address: 2360 W 1st St Fort Myers, FL

Click here for a map 

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

Please email jeff@swflreia.com to RSVP


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