Properties in Foreclosure on Average 400 Days

According to a recent article in the Wall Street Journal about delinquencies in condominium associations in Florida, "The time it takes lenders to foreclose has grown longer each year. Nationwide, residential properties are in foreclosure an average of 400 days, up from 151 days four years ago, according to foreclosure-data firm RealtyTrac Inc. What does that mean for your association?  Read our full blog post.