In December, Elkhart county will have 58 homes taken back by the bank at sheriff's auction. What was interesting, but great news, is that 46 additional homes had the foreclosure stopped by doing workouts etc.. Out of those 58 that are still being foreclosed on, only 1 owed more than $200,000 and none owed less than $50,000. Here is the breakdown by city for the homes still being foreclosed on:
Elkhart: 39
Goshen: 11
Bristol: 5
Nappanee: 1
Granger: 1
Osceola: 1
Monday, December 15, 2008
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