Real Estate Blog - Florida Short Sale

Most of the homebuyers who took advantage of the housing bubble several years ago are now finding themselves in an unfortunate situation. As the housing market suffered from the mess resulting from the collapse of the mortgage industry; home prices have declined considerably. To make matters wor...

With home prices still declining, it is not surprising there will come a time when majority of homeowners in Florida will owe more on a mortgage compared to their home’s market value. Although exploring a loan modification option might be you first choice to stop foreclosure, you need to keep in...

From January to May of this year, the number of foreclosure filings in South Florida decreased considerably, showing that efforts exerted to address the backlog are taking effect. Going through a foreclosure can be quite traumatic for a homeowner. But compared to 2009, the current year is turnin...

Homebuyers who have done their homework know how profitable it is to invest in short sale properties. Just like any investment, there are risks. If you want to avoid the risk associated with short sales, then there is only one thing to do — learn as much as you can about this real estate transac...

A new study, conducted by a California-based company which tracks foreclosures, revealed there is an increasing number of short sale transactions recorded in Southwest Florida and decreasing number of homes completing the foreclosure process and ending up as bank foreclosures. It can be assumed ...

According to a report issued by the financial consultation company CoreLogic, the growing popularity of short sales as a solution to stop foreclosure gave birth to a new breed of fraud. Because of the rising number of fraudulent short sales, real estate analysts and experts are worried it could ...

When it comes to a short sale transaction, having an experienced Orlando short sale Realtor by your side will certainly ensure the entire process will go smoothly. There are actually several things that can go wrong which would require the expertise of these short sale professionals. 1. Lender R...

Homeowners contemplating a Tampa short sale should understand it is not simply a matter of selling your home at a price lower than what is owed in mortgage. There are certain requirements which you have to comply with. The most important of these short sale requirements is the hardship letter. Y...

Before the mess in the mortgage and housing industries started, foreclosures were not as prominent. When millions of homeowners started losing their homes due to unfair lending practices which made them unable to pay their mortgage, the entire real estate market turned upside down. Now, everywhe...

Buying a home via a Tampa short sale can mean considerable savings. Of course, you should know a short sale is not a typical home sale and knowing what to expect will allow you to decide whether or not it is for you. Here are five of the most important tips: 1. The selling price is set by either...