I just read in Florida Realtor Magazine that Pam Bondi, Florida Attorney General expressed concern over the “moral hazard” created when loan servicers renegotiate loan terms. Are you kidding me?? With all due respect to Ms. Bondi, I don’t want … Continue reading
I little dose of common sense would be great! Does it make sense to spend 10′s of1000′s of dollars in attorney’s fees and lost interest (over a two year period, the average time to foreclose a Florida property) to foreclose on … Continue reading
Top Floor, updated condo on the Island of Venice. This 2 bedroom, 2 bath unit is in the great complex of Case Seville. Less than a block from beach access, with slight view of the beach from your enclosed lanai. Well maintained with … Continue reading
Most of us (especially in the Real estate industry) have accepted the fact that this is the “new normal”. What that means may depend on who you ask. The forecast for Florida which ranks as the 8th largest economy in the western … Continue reading
Check out this bit of good news for the Sarasota County Real Estate market. Click here. As I have mentioned before banks are realizing that it is better to work with an owner on a short sale than to foreclose. … Continue reading
The market statistics continued to look good for the month of May. Inventory dropped from 1824 listing to 1752 listings and 197 sales were recorded in the Mid-Florida Regional MLS system. That equals a 9 month supply of homes. Some … Continue reading
Welcome to part two of “should I short sale my home” Periodically I will post different thoughts and concerns that will help you answer this question Today’s question – “Do I have to be behind on my payments before the bank … Continue reading
Welcome to part one of “should I short sale my home” Periodically I will post different thoughts and concerns that will help you answer this question. Today’s question – “If I short sale my home will I be taxed on … Continue reading
HAFA began yesterday April 5th, 2010. This program is part of HAMP – Home Affordable Modification Program all part of President Obama’s Homeowner Affordability and Stability Plan. Its purpose is to provide pre-approved, standardized, and streamlined short sale or deed … Continue reading
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