Monday, October 4, 2010

No CT Foreclosures for 60 days!

Connecticut Attorney General Richard Blumenthal has asked the state Judicial Department to suspend all foreclosures for 60 days while foreclosure practices are investigated.  Blumenthal says:
“This freeze should stop a foreclosure steamroller based on defective documents and enable effective remedies.  The actions of GMAC/Ally and JP Morgan are inexcusable, a possible fraud on the court undermining the integrity of the legal process and consumers’ ability to fight foreclosures.”
There has been quite a stir recently about the process in which large banks are foreclosing. Several of the large banks including Chase and GMAC have been accused of falsely notarizing documents among other complaints.

  With the recent complications and issues surrounding foreclosure it makes it that much more appealing for banks to approves a CT short sale.

We have been able to successfully help dozens of property owners get out of a bad situation through a short sale. Milligan Realty .com has experience with almost all of the banks and knowing their processes really helps. If you want to learn more about short sales or receive a FREE confidential consultation click here:

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