Foreclosure Archives - Reid Real Estate Group

Category Archives for "Foreclosure"

All about the Connecticut foreclosure. Learn about the process and alternatives to foreclosure.

Hamden, CT foreclosures and short sales JUMP in 2019!

cart carrying foreclosed homes and short sale homes

Hamden, CT Distress Market Report 2019Despite several years of gains in the marketplace, Hamden year to date home sales show a massive increase in the rates of foreclosed homes and short sales. After dropping down to an 8 year low of 14% of all homes sold, The current rate of distress sales is currently at […]

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September 7, 2017

What happens if I simply walk away from my CT home?

house floating in water

I frequently hear this question from homeowners – mostly from folks who feel they have no other options, or are simply exhausted from unsuccessful attempts at working things out with the lender. These folks mistakenly believe that simply “letting the home foreclose” is the end of their problems with their mortgage.Unfortunately, letting any CT home foreclose is […]

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