Foreclosure Rate Drops in Rhode Island
Friday, June 11, 2010
Realtytrac.com recently released May's foreclosure statistics that placed Rhode Island as the 39th-highest in foreclosures among the 50 states. In May, Rhode Island ranked 19th highest in the country.
What's the breakdown by county in Rhode Island for the month of May? Providence County had the most foreclosures (1653), while Bristol County had the fewest (56).
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Comments:
Robert Alvarez
6:26pm on Thursday, June 17, 2010
287 Homes receiving foreclosure notices is still WAY to high. So many people may be able to save their home but they have no idea how. My wife and I tried to modify our loan after I lost my job last may only to be denied after 5 grueling months of dealing with our lender. Our house went into foreclosure and I thought that there was nothing we could do until my friend referred me to a law firm here in Providence and they were able to get me on a forbearance for 3 months at a payment that was $900.00 less per month that my original mortgage and after the three month trial period they got my permanent modification complete and we now pay $992.00 less per month. My wife and I decided that we wanted to help people the way that the law firm helped us and thats how our company www.savemyhousellc.net was born. We work directly with the law firm that saved our home. Visit our site or email us at info@savemyhousellc.net - Rob