Florida No. 2 on two pre-forclosure lists

FAIR OAKS, Calif., Aug. 6 (UPI) -- Florida, reporting a spike in pre-foreclosure filings in June, moved to No. 2 in total filings and per-capita filings, a report said Monday.

Florida recorded 111,236 year-to-date pre-foreclosures, second only to California's 132,101 in this category, Foreclosures.com. said. That number of filings amounts to 1.76 percent per capita, which only was behind Nevada's 2.55 percent per capita. Pre-foreclosure filings indicate homeowners are in default on their mortgages and may include notice of default or notice of auction. Pre-foreclosure filings do not necessarily result in homes being lost.

Nationwide, pre-foreclosure filings year-to-date totaled 617,162, of which 100,421 were in July. Some 300,938 homes were lost to foreclosures. The number of homes lost in July was 51,373, up from 41,535 reported in June.

"It's a tough reality, but many more overextended homeowners not even in default yet won't be able to refinance because of tightened credit markets and will eventually lose their homes to foreclosure," said Foreclosures.com President Alexis McGee.

Tahoe Wheaton Inc., Fair Oaks, Calif., is the parent company of Foreclosures.com.