Finally, some good, old fashioned common sense for dealing with the glut of distressed properties on the market!
In Lee County here in Florida (Ft. Myers) foreclosures have been piling up so fast (2,000 month) that the court system was 2-3 years behind. So, the Clerk of the Court came up with the idea of a "Rocket Docket". If you were not legally defending your proceedings, with all paperwork in order in just 20-30 seconds the foreclosure process is over and done! The lender now owns the property and the owner is free to move on with his life.
As a Realtor, I can tell you there are people out there who want to buy but the system is so clogged with distressed properties its nearly impossible.
Visit me at: www.CoastalFloridaRealEstate.net