RECENT BLOG POSTS
A new Federal Trade Commission rule has prompted the National Association of Realtors to caution all real estate agents. The said rule aims to protect homeowners from fraudulent offers of mortgage relief by banning ALL upfront fees. It also requires the agent to make disclosures particularly whe...
05/24/2011
Let’s face it. Most distressed homeowners today are more inclined to walk away from their homes or choose a foreclosure over a short sale. If you ask them, they will tell you it is the easier way out of a rather difficult problem. Of course, they did not think about the long term effects of this...
05/23/2011
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Florida lawmakers have recently decided to no longer extend the one-time stipend given to the courts. The stipend was supposed to be used to reduce the backlog of foreclosure cases by employing additional manpower for the processing of the filings. Ramifications of such decision have already bee...
05/21/2011
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Time and again, the process involved in a short sale transaction has been established to be lengthy and complicated. But despite this, smart buyers understand why investing in short sale homes is a smart decision especially if you consider the considerable discount you can enjoy with these prope...
05/16/2011
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Whether you are a seller or a buyer, you need to learn about the real truth behind a short sale. such facts will allow you to make the right decision and prevent you from mistakes, which could waste not only your time but also your money. Sellers Point of View Selling your home via a short sale ...
05/16/2011
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If you have been thinking about selling your home via a short sale transaction, one reason for you to be apprehensive is the deficiency judgment your lenders might not waive. Avoiding this judgment is actually what is in the mind of most short sale Realtors and sellers and surprisingly, it can b...
05/16/2011
One of the financial giants, JP Morgan Chase has an offer to distressed homeowners they cannot resist. If you are one of these unfortunate homeowners, all you need to do is to agree to a short sale and in exchange, you will be given as much as $20,000. Not only this; but the difference between t...
05/16/2011
Since it has been established a short sale is one of the best foreclosure alternatives for homeowners with underwater mortgages, many short sale Realtors and agents have their hands full. If you are one of these professionals and need to lessen the hassles of the otherwise complicated short sale...
05/03/2011
The housing market seems to be picking up in most states including Florida as market conditions continue to favor buyers. But, sellers are having a hard time dealing with declining home prices and are holding out, waiting for a buyer who will agree to their prices. Because of such dynamics, a lo...
04/29/2011
The worst thing that could happen to homeowners is to discover there is a huge possibility of losing their homes to foreclosure because of mortgage default. There are times when financial difficulties arise and trying to look for a way out is the thing you need to focus on. Truth be told, there ...
04/24/2011