There have been both spikes and declines in foreclosures recently across the country, depending on where you live. If you’re a banker, lender or property owner, foreclosures can have an effect on your business. The properties that you’re responsible for need protection and therefore, need suitable security to protect your foreclosed asset.
Security for vacant properties is essential for your buildings, especially if they’re located in crime prone areas. Having door guards and window guards can make a big difference when it comes to protecting your property. If your foreclosed property resides in a risky area and needs protection, consider using DAWGS guard systems.
Foreclosure Rates: Top 5 States
According to Renwood RealtyTrac LLC.’s national realty trends, there are at least five states that have noticeably higher foreclosure rates compared to others in the US as of January, 2013. Typically, the more foreclosures a state has, the more likely you are to see safety systems on foreclosed buildings. For example, in Chicago, security for vacant prosperities is probably more common than in Sioux Falls, South Dakota.
Below is RealtyTrac®’s January 2013 Foreclosure activity counts for five of the most foreclosed states in America as of late:
- Florida – reported 29,800 foreclosures
- California – reported 18,093 foreclosures
- Illinois – reported 14,090 foreclosures
- Ohio – reported 8, 360 foreclosures
- Georgia – reported 7,920 foreclosures
For more information on US foreclosures information and statistics, please visit the RealtyTrac® website.
Secure Your Properties
If your foreclosed property is located in a state or location where it might be at risk of being damaged, think about working with DAWGS. We provide superior door guards and window guards for buildings and foreclosed properties.
The selling factor of any foreclosed property plays an important role. Having your property damaged will only slow the selling process down. Be smart and use security for vacant properties with DAWGS.
