Rodney Forbes's (forbesrealty) Blog

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Real Estate Broker/Owner - Forbes Realty of South Florida Inc
RECENT BLOG POSTS
Fantastic opportunity to own a home in the sought after community of Versailles in the city of Wellington, FL. This bank owned REO/Foreclosure is the best value in this prestigious community.  Large community is gated, has a large clubhouse area with many amenities. This home is 2 stories with 4 ...
06/02/2011
1001 SE Ranch Rd. JUPITER, FL 20 Acre estate size property in Ranch Colony Estates. Very secluded, with secured access. Victorian style 2 story home with many upgrades. 4BR/4BA Single Family House $1,750,000 Year Built 1996 Sq Footage 3,379 Bedrooms 4 Bathrooms 4 full, 0 partial Floors 2 Parking...
04/04/2011
Now you can search for homes, townhomes and condos in the Jupiter Florida area just like local real estate agents do. You can search for location, such as waterfront, or style, such as single family home, condo or townhome. You can search by price and even search for short sales and bank REO fore...
02/23/2011
REO selling agents for Fannie Mae and Freddie Mac have been given the go ahead to restart transactions that had been suspended due to potential problems with the legal paperwork, known as the "Robo-signer" scandal. The GSEs were forced to temporarily halt the sale of certain properties two months...
11/30/2010
Home sales are down in October from 2009 for most of the country. Most areas of Florida also saw decreases in home sales. A number of reasons were cited, including the boost in 2009 from the home buyer tax credit, and new stricter mortgage lending guidelines. Interestingly, nationwide 29% of home...
11/29/2010
According to a recent article, the number of REO/bank forclosures on the market could increase by as many as 4 million in the next 24 months. Much of this is attributed to the "shadow inventory", foreclosed properties the banks have yet to put on the market and homes they have yet to foreclose on...
11/24/2010
Breaking News: Case/ Shiller Housing Index Shows Second Month In A Row Of INCREASE IN SALES! We have been seeing continued reports of the strengthening of the national real estate market. Certainly in Palm Beach County Florida, one of the first and hardest hit areas in the country, the numbers ha...
08/30/2009
  The following excerpt from an article in the Press-Enterprise is welcome news for people who have been trying to facilitate short sale transactions. Whether it's the buy, seller or Realtors involved, short sales have a bad reputation when it comes to getting the sale complete. I guess the banks...
08/25/2009
Acouple of months ago I wrote an article that featured an interview with financial analyst and TV personality Jim Cramer. In the interview Jim firmly believed Florida to be recovering from the housing crisis, and could be one of the best places to buy real estate. At the time I think I was the on...
08/25/2009
Are you underwater on your mortgage? Do you owe more on your home than it's worth? Did you buy when the market was going up or at it's peak? Has your mortgage adjusted to a level where you can't afford it? Are you facing a hardship such as loss of job, death in the family or divorce? Has your req...
08/25/2009
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