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Gwinnett Home Foreclosure Notices Increase


According to Equity Depot, Metro Atlanta’s foreclosure notices increased 7% over January 2010 and 5% over February 2010. For the last 10 months, Gwinnett has had the most foreclosure notices in the area with 2,298. Remember, foreclosure notices do not mean automatic foreclosure. They are “Notice of Foreclosure” and sometimes the loan balances are paid up to date,  paid off in full or some sort of arrangement between the lender and homeowner is worked out. Otherwise, the notice of foreclosure becomes a Foreclosed Home.

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