Just read on a local website that the building 401 BLU is number 1 in miami beach with most foreclosures.

Asked by R. Davis, Miami Beach, FL Mon Apr 27, 2009

Does anyone out there know any different? We have relatives there. 401 69th street miami 33141.

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Luis A. Tonos, P.A.’s answer
Luis A. Tonos…, , Miami, FL
Mon Apr 27, 2009
Hello Davis,

According to the public records, there are 15 active lis pendens in the building. Lis pendens basically is when the bank gives notice to the borrower that he is in default with the payments, and that they are going to start the foreclosure process.

This notices go as far back as May 2008, until today.

Let me know if you have any other questions.

Regards,

Luis
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