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The rash of foreclosures in 2009 created a desperate situation for county clerks required to process the resulting foreclosed home auctions. Miami-Dade County, Fla., is an example. In years past, the county typically processed 5,000 to 6,000 foreclosures annually. During 2009, by comparison, the county handled nearly 20 times that amount, said Harvey Ruvin, clerk of the Circuit and County Court of Miami-Dade County. In December 2009, the county tackled the workload by deploying Miamidade.realforeclose.com, a Web site powered by Realauction.com, on which citizens could purchase foreclosed homes online instead of visiting the courthouse. The Web tool also automated several administrative steps in the foreclosure auction process.
With the new system, Ruvin expects to triple the number of auctions he can process per week, finally clearing the backlog that has plagued his office. Here's how Miami-Dade executed this strategy.
These days, the county gets roughly 7,000 foreclosures to auction every month. In the past, bottlenecks resulted from conducting...Continue Article...
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