Gainesville Real Estate Foreclosures Market Update - Data released from September 2009
The following foreclosure actions occured in September 2009 in Gainesville, FL
Default Notices: 98
Sheriff Sale Notices: 29
Bank Repossession: 22
Bank Owned (REO) means the lender has already completed the foreclosure process and is now the seller. Learn more about the foreclosure process.
A Short Sale is a process a homeowner attempts to go through to prevent foreclosure. In most cases, the homeowner has already defaulted and asked the lender for permission to sell the property for less than what is owed. Because the sale must ultimately be approved by the lender, short sales are often more difficult and time consuming for both buyers and sellers. Learn more about the short sale process.
