Palm Beach County Florida Foreclosures Update August 2014

PALM BEACH, Fla. - Sept. 15, 2014 - PRLog -- PALM BEACH COUNTY FLORIDA

CLERK & COMPTROLLER RELEASES AUGUST FORECLOSURE STATISTICS

AUGUST 2014

·         480 new foreclosure cases in August.

·         6,083 Mortgages and deeds recorded in August, a 9.4 percent decrease from 6,714 deeds recorded in July.

·         3,204 mortgages recorded in August, a 7.4 percent decrease from 3,460 mortgages recorded in July and an 18.3 percent decrease from 3,923 mortgages recorded in August 2013.

Foreclosure Sales Results

·         722 properties sold at foreclosure auction in August, according to statistics from Grant Street Group, the facilitator of ClerkAuction®.

         572 were sold back to the plaintiff – typically a bank or mortgage company
         150 were sold to a third party

·         449 foreclosure sales canceled in August, out of 1,171 scheduled for sale.

Data Source: Palm Beach, FL County Clerk

The Clerk’s office holds all of Palm Beach County’s official records, and records all deeds and mortgages submitted for recording in Palm Beach County, FL.