Foreclosing in Florida takes forever ... literally
It takes too long to foreclose in Florida, a blogger for Tallahassee.com noted this week. But just how long is too long?
The report goes on to cite 247wallst.com and RealtyTrac for some context:
The average U.S. foreclosure ending in the second quarter of this year took 526 days to process. In some of the states with the most zombie homes, the average processing period was much higher. In Florida, the average foreclosure took 907 days to complete.