Where does the May 2018 Lee County Florida Foreclosure Report come from?
We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market.
May 2018 Lee County Florida Foreclosure Report: Trends at a glance.
- May 2018: 101 Mortgage related Lis Pendens.
- April 2018: 62 Mortgage related Lis Pendens.
- May 2017: 92 Mortgage related Lis Pendens.
Certificates of Title:
- May 2018: 56 Certificates of Title were conveyed.
- April 2018: 67 Certificates of Title were conveyed.
- May 2017: 78 Certificates of Title were conveyed.
May 2018 Lee County Florida Foreclosure Report: Top Ten Lis Pendens filers
|WELLS FARGO BANK N A||13||12.87%|
|CIT BANK N A||6||5.94%|
|DITECH FINANCIAL LLC||6||5.94%|
|U S BANK NATIONAL ASSOCIATION TRUSTEE||5||4.95%|
|BANK OF NEW YORK MELLON||4||3.96%|
|OCWEN LOAN SERVICING LLC||4||3.96%|
|AMERIHOME MORTGAGE COMPANY LLC||3||2.97%|
|HSBC BANK USA NATIONAL ASSOCIATION TRUSTEE||3||2.97%|
|NATIONSTAR MORTGAGE LLC||3||2.97%|
|PENNYMAC LOAN SERVICES LLC||3||2.97%|
May 2018 Lee County Florida Foreclosure Report: Top Ten Certificates of Title.
|FEDERAL NATIONAL MORTGAGE ASSOCIATION||5||8.93%|
|HSBC BANK USA NATIONAL ASSOCIATION TRUSTEE||4||7.14%|
|DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE||4||7.14%|
|US BANK TRUST NA TRUSTEE||3||5.36%|
|US BANK NATIONAL ASSOCIATION TRUSTEE||3||5.36%|
|BANK OF NEW YORK MELLON TRUSTEE||3||5.36%|
|U S BANK NATIONAL ASSOCIATION TRUSTEE||2||3.57%|
|BANK OF AMERICA N A||2||3.57%|
|WILMINGTON TRUST COMPANY TRUSTEE||1||1.79%
May 2018 Lee County Florida Foreclosure Report: Top Ten Certificates of Title for Non-Bank Entities.
|HARVEY RAYMOND W||1||1.79%|
|ASGHAR DAVID EFTEKHAR||1||1.79%|
|YANG XIU YU||1||1.79%|
|SOUTHEAST PROPERTY ACQUISITIONS LLC||1||1.79%|
|AMERIHOME MORTGAGE COMPANY LLC||1||1.79%|
|RAYMOND MARIE JOSE||1||1.79%|
|CALIFORNIA LAW GROUP LLC||1||1.79%|
|US REALTY INVESTMENTS LLC||1||1.79%|
|DK PROPERTY LLC||1||1.79%|
|K & F PROPERTIES LLC||1||1.79%|
May 2018 Lee County Florida Foreclosure Report Notes:
- The trend is up the last few months. The market is resuming the foreclosure filings from the hiatus of the hurricane. Should the upward trend continue at a pace of 300 a month, then this will be worth watching.
- The trend has recovered from the aftermath of Hurricane Irma’s disruption on the market.
- The current trend of the distressed market NOT being a primary (last cycle) driver will continue.
- Bertrand versus US bank still has not caused a significant increase in filings.
The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
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The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
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One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
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