If you were stop and think about the average foreclosure defendant, you think of a person or family. Of course, the statitstics would probably support this notion. However, the banks are going after big business as well.
Recently, Ocean Bank won a foreclosure judgment against Delmar Homes and its principal, Tomas Mesa. The amount of the judgment was for $7.3 million. The property goes for sale on May 7th. If you need 10 acres in the Redlands part of Miami-Dade County, show up and bring your checkbook.