Real Estate Blog - Florida Short Sale

In an effort to reduce the number of distressed homeowners falling victim to scam artists, the Northeast Florida Association of Realtors issued an alert against people or companies who take advantage of these unfortunate families. Since a Florida short sale typically involves selling the home at...

For individuals in the market for a home, current housing market conditions are quite favorable. If you are looking for a property which is more affordable than most existing homes for sale, you might consider a home being offered via a short sale. Compared to the other homes for sale, you will ...

During the housing boom, a lot of home buyers thought they are finally going to live the American dream. But the mortgage industry collapse and the global financial crisis, it is not surprising that for many, the dream has turned into a nightmare. A considerable number of homeowners now have wha...

When news spread around that a lot of distressed homeowners are claiming they are victims of faulty foreclosure documents, you can literally hear the entire industry hold its breath. The response of the lenders is even more surprising. Instead of ignoring the claims, they decided to halt all for...

Right now, short sales in Southwest Florida are enjoying a huge presence mainly due to the decision of the country’s largest mortgage servicers to halt foreclosures amidst discoveries of erroneous and faulty documents. But there are signs the logjam is clearing. Last Monday, Bank of America anno...

If you manage to dodge the bullet a couple of years ago when the first wave of foreclosure hit the state, you are indeed lucky but, you can no longer ignore the after effects of the mortgage mess in terms of home market values. In fact, you, along with millions of Florida homeowners, might be ge...

The sheer volume of properties entering some stage of foreclosure has made short sale the best option for most distressed homeowners. A transaction in which the seller/owner and the lender agrees on a selling price for the property that is not enough to cover the mortgage balance. All parties in...

The old saying, “Prevention is Better than Cure”, is actually applicable to almost any situation especially when it comes to managing your finances. For instance, one of the ways you can effectively prevent foreclosure in Florida is by learning how to manage your finances well. It is important b...

Wells Fargo & Co has decided to stop granting extensions to homeowners looking to complete a short sale. With such decision, it is expected that foreclosures will soar all over the country. The said decision was done amidst revelations involving faulty documents from mortgage servicers, Ally Fin...

Considering the significant decline in home market values as well as the enduring problem of high unemployment rates statewide, it is not surprising why a lot of homeowners have thrown in the towel and accepted the sad fact a foreclosure or bank repossession is imminent. Others, who are consider...