Realtors in Connecticut are taking an active role in combatting long foreclosure timelines. Apparently delays are ripping into property values, prompting Realtors in Eastern Connecticut to support a bill that would expedite the process.
The Eastern Connecticut Association of Realtors is supporting a General Assembly bill that would speed up the home foreclosure process and reduce deterioration of properties that have been foreclosed, Realtors group CEO John Bolduc said.
The legislation is Senate Bill 971 and was recently approved by the Banks Committee in a 15-2 vote.
