CT Foreclosure Process (photo courtesy of peternamara1 on flickr.com)

Connecticut homeowners that face bank foreclosure on their homes need to remember that there is help. 

 The state’s mediation program was put into place last year to assist distressed Connecticut homeowners to avoid foreclosures. 

This program encourages troubled homeowners to meet with their lenders to work out a solution to their financial woes. 

According to data from Connecticut’s judicial department, 41% of 1,224 homeowners who used this program were able to avoid foreclosure by receiving a loan modification option from their lenders. 

Art Tatta, a Connecticut real estate agent, can provide more information on Connecticut’s foreclosure mediation program. 

Art Tatta can be reached at 860-638-4221 or visit his website.

Foreclosed Home (respres photos on flickr.com)

Now is a great time for buyers to invest in a Middletown CT area bank foreclosures.  Currently there are 63 homes in Middletown CT going through the foreclosure procedure. 

Middletown CT area bank foreclosures can be a very good deal for buyers and are typically the least risky way to purchase a foreclosed home. 

Of course before you buy a Middletown CT area bank foreclosed home, it is always a good idea to get a good home inspection.  This time period may very well be the best Middletown CT area bank foreclosure market we will ever see, so buyers should serious think about taking advantage of the situation. 

For more information on the Middletown CT area bank foreclosure market, or other Middletown CT real estate, please contact Middletown CT real estate agent Art Tatta at 860-638-4221 or 860-324-3689.