The majority of lis pendens filings start foreclosure proceedings.
From the thestate.com
Recording a lis pendens effectively prevents them from selling to another buyer or refinancing.
From the latimes.com
Lis pendens, or early stage foreclosure filings, continue to make up the bulk of the overall totals.
From the heraldtribune.com
Foreclosure-related filings include lis pendens, which notifies borrowers of a pending suit, and bank repossessions.
From the newsday.com
The 594 lis pendens issued in the three counties in November slid 11 percent from October and 19 percent from the same month last year.
From the heraldtribune.com
The city's research, based on land records, also shows that the number of lis pendens filings, the first step in the foreclosure process, has continued to rise over time.
From the timesunion.com
Also May 1, the bank holding the mortgage to the property filed a lis pendens in Kane County Court, announcing its intention to foreclose on the property's mortgage.