An article on the Saporta Report website notes that home foreclosures in Georgia dropped by 47% during the first half of 2013. While this news does sound promising, the Peach State, nonetheless, still has one of the highest foreclosure rates in the country. In fact, foreclosure sales accounted for 35 percent of total home sales in Georgia for the first six months of the year. Creditors are within their rights to initiate foreclosure proceedings after two consecutive late mortgage payments. Buyers, therefore, need to consider their options carefully before signing up for any mortgage loan; and must accordingly select a mortgage lender that offers fair and flexible terms. It is thus advisable to work with a reputable Georgia mortgage lender who offers expert advice and helps borrowers through every step of the mortgage process.
http://georgia.churchillmortgage.com/industry-news/how-choosing-the-right-georgia-mortgage-lender-can-save-you-from-foreclosure/
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