Category 'Lis Pendens'

Lis Pendens Foreclosures Up in Birmingham, but Delinquencies Fell

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Lis pendens foreclosure cases increased in Birmingham, Alabama, during February 2011, leading to a higher year-over-year foreclosure rate for the metro area. The latest data showed that the region's foreclosure rate surged during the month compared with one year ago. However, the number of delinquent homeowners fell over the same

Opportunity for Home Buyers in Lis Pendens

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A lis pendens is a written notice which indicates someone has filed a lawsuit concerning real estate which involves the property title or any claimed ownership interested in it. Such a notice is filed in a county lands office. Any record of a lis pendens on a property alerts potential purchasers or the lenders that [...]