Florida and Georgia do have their differences…more than football.  Florida is a judicial foreclosure state; Georgia is not.  The home advantage is with the primary resident (and not the lender) in Florida in cases of foreclosure.

In Florida, a homeowner owns their home even while they are paying off what they borrowed to buy the home.  If they miss a mortgage payment, they still own the home.  If they miss two mortgage payments, they still own the home.  If they have a foreclosure complaint filed against them, they still own their home.  A Florida homeowner owns his or her home all the way through the foreclosure process up until the Certificate of Title is issued (which typically happens about ten days after the foreclosure sale).

Georgia is a non-judicial foreclosure state.  Homebuyers there do not own their homes until they have paid off their home loan.  Thus the bank can move quickly to foreclose on property it owns and without judicial oversight.

The Florida foreclosure process gives homeowners greater opportunity to review their legal choices so they can pursue a strategy to their best benefit.  Seek competent legal counsel to help you review your personal situation and set your goals.