LowellDeeds

We're starting to get regular requests for "lists of foreclosures in progress." We take that to mean a collection of Orders of Notice filed during a particular time period. As most of you know, a lender must get the court's permission to proceed with the foreclosure. Part of that court procedure involves the issuance of an Order of Notice, a copy of which gets recorded at the registry. (Believe it or not, the only issue for the court is whether the debtor is serving in the military and therefore entitled to additional protection). Just because an Order of Notice gets recorded, there's no guarantee that the foreclosure will follow. The debtor may sell the property or find some other way to bring the loan current or pay it off. We do provide these types of reports. They must be picked up at the registry and are not available online (yet). The charge is $1 per page. About six entries appear on each page. We are working on a way to post these reports on our website, much like we do with our monthly sales data.