In April, the number of properties that received a foreclosure filing in Montgomery, AL was 86% higher than the previous month and 36% lower than the same time last year, according to RealtyTrac.com.
Montgomery AL Foreclosure Status Distribution
The current distribution of foreclosures based on the number of active foreclosure homes in Montgomery, AL.
Auctions accounted for 76.1% of foreclosure activity in April 2015 and Bank-owned properties accounted for 23.9%.
Montgomery AL Foreclosure Activity by Month
The number of Bank-Owned properties decreased 33.3% compared to the previous month and decreased 56.8% from the previous year in April. The number of Auctions increased 325.0% compared to the previous month and dropped 23.9% from the previous year.
Montgomery AL Foreclosure Geographical Comparison
Montgomery AL foreclosure activity was 0.02% lower than national statistics, the same as Alabama numbers and Montgomery County statistics in April 2015.
Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.
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Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.
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