Florida Foreclosure Homes

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Even though he retired from the National Football League (NFL) in 1979, Hall of Fame inductee O.J. Simpson can’t seem to avoid the hits, which have come fast and furious since the 1994 murder of his estranged wife, Nicole Brown.

Simpson — who was charged with her murder, but ultimately was found innocent after the “Trial of the Century” concluded — is facing foreclosure on the five-bedroom Miami, Fla., home that he purchased back in 2000 for $575,000.

To see Simpson’s preforeclosure listing on Foreclosure.com click here.

In an odd twist, the lender apparently attempted to serve Simpson “on a daily basis” with foreclosure papers; however, “Juice” is currently locked up behind bars in a Nevada prison, “serving a nine-to-33-year prison sentence in a 2007 armed confrontation with sports memorabilia dealers in a Las Vegas casino hotel room.”

According to the report from FOXSports.com, the attorneys for the former Buffalo Bills running back are attempting to have the foreclosure case dismissed. It’s unclear who is living in the house while Simpson rides out his jail term and/or what he intends to do with the property if he can rescue it from repossession.

Stay tuned.

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It’s turning into foreclosure “Rush Hour” on actor/comedian Chris Tucker’s 10,000 sq. ft. waterfront mansion in Lake Apopka, Fla., which is reportedly in distress to the tune of $4.4 million.

Orlando Sentinel reports that Tucker, who purchased the luxurious five-bedroom expanse for $6 million back in 2007, is in jeopardy of losing it after SunTrust Bank filed a default notice with the local Lake County courthouse. It is not his primary residence, which is perhaps among the many reasons he has not remained current on the staggering $25,812.50 monthly payment.

Tucker and and his power of attorney on the original home sale declined to comment on the situation.

With a combined salary of $45 million to star opposite Jackie Chan in the “Rush Hour” sequel, as well as the trilogy, including an additional multimillion dollar deal to appear in another New Line Cinema-produced film, it’s hard to imagine that Tucker is hard up for cash.

However, last year Tucker and the central Florida property in the prestigious Bella Collina neighborhood were the target of an $11.5 million Internal Revenue Service (IRS) lien, which was out to collect delinquent federal income taxes.

“Money Talks.”

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The length of the foreclosure process depends on several factors, including the lender, government programs, state in which the distressed home is located and individual circumstances, among others. Foreclosures, if ever, are rarely the same.

However, there are state-by-state averages, which Lender Processing Services Inc. (LPS) tracks each month. Nationwide, homeowners facing foreclosure are collectively 611 days late paying their respective mortgages.

The top places where foreclosures on average take the longest include:

  • New York (767 days)
  • Florida (757 days)
  • New Jersey (708 days)
  • Hawaii (681 days)
  • Washington D.C. (676 days)

The top places where foreclosures on average take the shortest include:

  • Wyoming (398 days)
  • Nebraska (407 days)
  • Alaska (411 days)
  • Idaho (416 days)
  • Arizona (418 days)

Homes in states that follow the judicial foreclosure process typically take longer to get through the system because the courts are so overburdened. Non-judicial states, therefore, are going to typically recover faster, according to Herb Blecher, a senior vice president for analytics at LPS, in a recent interview with BusinessWeek. com.

For more on the foreclosure laws in your state click here. To search foreclosed homes for sales in your area click here.

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Perhaps the most recognizable celebrity to emerge from South Florida, Burt Reynolds, is in danger of losing his 4-acre compound in Hobe Sound to foreclosure.

WPTV.com reports today that the 75-year-old actor has not paid his mortgage since Sept. 2010 and owes $1.2 million on a luxurious slice of coastal waterfront real estate that he has in the past referred to as his very own “Valhalla,” which is a majestic mythological paradise.

The San Francisco Chronicle details more about its many amenities:

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