Real Estate Blog - Florida Short Sale

Considering Florida has one of the highest foreclosure rates in the nation, it should not come as a surprise why a lot of distressed homeowners or borrowers are looking into a short sale in order to avoid having to go through a nasty foreclosure. Here are the top 5 most frequently asked question...

Distressed homeowners looking to avoid foreclosure by submitting a short sale proposal to their lender needs to understand the importance of writing a good hardship letter. You have to put yourself in the bank’s shoes and determine if you are worth the risk. In addition to being honest and strai...

It cannot be denied the housing market is going through some tough times. For short sale sellers, it is even tougher. Market conditions are certainly not in your favor and you have to deal with the fact lenders usually sit on short sale proposals even if they are already dealing with a large inv...

With the housing market still on the verge of recovery, a lot of homebuyers are pleased with the large selection of homes they can choose from. Not only are they looking at newly built properties or existing homes for sale, but they are also checking out repossessed houses and short sale homes. ...

The Palm Beach County housing market seem to be looking up especially in terms of sales involving condos and houses with $1 million or even more price tags. This is the first time in 9 months that such activity happened. Compared to 2009 figures from the county real property appraiser, there was...

According to the latest reports, the number of homes sales, particularly in South Florida dropped for the month of October. The culprit, it would seem, is the temporary foreclosure freeze lenders implemented during the same month. In Broward County, home sales declined by 28 percent compared to ...

According to a report released by the Mortgage Bankers Association, Florida has the highest number of homeowners who are seriously delinquent with their mortgage payments. About 19.52 percent were about 90 days delayed on their payments while a significant percentage of the borrowers are a month...

Unemployment and declining home values are just some of the reasons why millions of homeowners are in “distress”. When that time of the month comes to pay for the mortgage dues, more often than not, these hardworking individuals are tempted to just surrender to foreclosure. For them, it is the i...

It is understandable that one of the greatest fears of homeowners is to lose their home to foreclosure. After all their hard work and sacrifices to buy their dream home, it is indeed devastating to end up losing it all because you were not able to prepare for financial difficulties resulting fro...

In life, you have to learn to deal with problems that come your way as best as you can. Of course, considering the current sluggish economy has made it difficult for many to earn a living and for your investments to prosper, it is not surprising many also now have an underwater mortgage. Such a ...