In October, the number of properties that received a foreclosure filing in Montgomery, AL was 16% higher than the previous month and 5% higher 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 66.7% of foreclosure activity in October 2014 and Bank-owned properties accounted for 33.3%.
Montgomery AL Foreclosure Activity by Month
The number of Bank-Owned properties increased 575.0% compared to the previous month and decreased 37.2% from the previous year in October. The number of Auctions decreased 18.2% compared to the previous month and increased 58.8% from the previous year.
Montgomery AL Foreclosure Geographical Comparison
Montgomery AL foreclosure activity was 0.01% lower than national statistics, 0.01% higher than Alabama numbers and the same as Montgomery County statistics in October 2014.
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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