Foreclosure Investments

Foreclosure Investments in Pensacola Beach Florida and surrounding areas

Florida Foreclosures

http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=224639

TALLAHASSEE, Fla. – Oct. 5, 2009 – A trio of early bills filed in Tallahassee aim to provide more protections to Florida homeowners and tenants in foreclosure cases, but it’s unlikely any will be passed.

The bills, all filed by House Democrats, likely will have an uphill battle next year in the Republican-controlled Legislature, which didn’t act on similar proposals in 2009. All three measures also face resistance from the state’s banking industry, which remains politically influential despite the economic beating it has taken.

And, foreclosure experts say, some of the bills’ provisions might be undercut by state and federal laws and mortgage-relief efforts.

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