RECENT BLOG POSTS
This blog explains why many short sales will end up in foreclosures: Our government will reward banks for their losses... Is The FDIC Killing Indymac OneWest Bank Short Sales? As some of you may already know, I specialize in helping homeowners avoid foreclosure through the use of short sales. R...
02/17/2010
I was recently representing a buyer for a condo and submitted an offer to this Re/Max top agent in my area. His website says he has been in business for 21 years... He indicated that he was not willing to do the counters back and forth in writing and that once the parties reached a verbal agreeme...
02/14/2010
I have a short sale that has been in negotiations for almost a year. As we get close to the approval with the second lender (line of credit), the attorney negotiating the short sale has the title work pulled and realizes that actually the owner had refinanced the 1st mortgage on the property in 2...
02/04/2010
I received a call yesterday from a prospect who wanted to list his condo for sale. After asking all my questions I proceeded to do the research but could not find a trace of his transaction in the MLS. I called him back to find out how he bought it in 2006. He proceeded to explain that him and hi...
02/04/2010
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I hear a lot of agents complain about getting their deals blown up by low appraisals oftentimes performed by non-local appraisers assigned by the"independent" companies that were setup as a buffer by the Federal Gov. Banks/lenders/mortgage brokers are no longer allowed to order appraisals directl...
02/02/2010
With a recession in full swing and lenders stingy with the cash, cash buyers understand they have the upper hand and are patiently waiting on the fences for the rare good deals. So who is selling today ? Definitely not the sellers stuck in 2005 pricing. A recession means receding prices due to re...
01/19/2010
Either we are getting older and more sensitive to heat and cold or this winter is really one of the worse. Either way we have experienced and expect some more cold fronts to blast us with unusually chilly weather. At least we have no snow storms to worry about and mostly sunny skies to enjoy. Thi...
01/08/2010
This locally owned and operated store is a blessing for people who demand high quality nutritious organic foods. This store is located downtown Boca at the corner of Federal Highway (US1) and SE 3rd Street (Just South of Palmetto Park Road). The store carries fresh organic fruits and vegetables a...
01/06/2010
As the inventory of REOs (aka Bank Owned or Foreclosures) increases, so do the perceived opportunities for new and seasoned investors. Experienced investors know the risks and cover their bases by doing their homework prior to placing a bid. If you are new to this game, play carefully or you may ...
12/29/2009
As a Realtor I feel my mission is to best serve the public with their real estate needs, whether it be selling or buying. A major flaw in our Realtor code of ethics is the provision that prevents us from soliciting or contacting the owners of an actively listed property subject to an exclusive li...
12/17/2009