1 Articles match "2005","Coverage","Houses"
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Coastal Disasters = More Foreclosures?
Florida had 124,721 foreclosures last year — a 2 percent increase from 2005, and a foreclosure rate of one new filing for every 59 households. to write policies in what are considered high-risk areas of the state where homeowners couldn’t find coverage on the open market from private insurance companies. Most lenders will not fund a loan for a house that is uninsured. For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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Coastal Disasters = More Foreclosures?
Florida had 124,721 foreclosures last year — a 2 percent increase from 2005, and a foreclosure rate of one new filing for every 59 households. to write policies in what are considered high-risk areas of the state where homeowners couldn’t find coverage on the open market from private insurance companies. Most lenders will not fund a loan for a house that is uninsured. For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
