Real Estate Agents Blog

REALTORS needed to help thousands of Harvey victims facing foreclosure

Feb 28, 2018 1:47:04 PM / by Greg Tidmore posted in Foreclosure, Forbearance, Foreclosure Defense, Loss Mitigation

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On August 25, 2017 Hurricane Harvey hit Texas hard, wiping out 15,000+ homes and damaging some 150,000+ more. This caused a spike in delinquent housing payments, and now more than 40,000 mortgages are 90 or more days delinquent! The spike was not unexpected, but Houston foreclosure postings soared pre-Harvey according to the Houston Chronicle. Harvey just exasperated the problem.  

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