Hollywood FL Real Estate | Hollywood FL Homes For Sale | Selling Your House in Hollywood FL | Short Sales in Hollywood FL

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sharonhynds
Sharon Hynds
Realtor
    Years of Experience: 8

Direct: (954) 562-6127

Office: 954-893-1322



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Keyes Real Estate
4700 Sheridan St. Unit P
Hollywood, FL
954-893-1322


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Posts Tagged ‘Houses for Sale in Hollywood Fl’

The Best Time to Be in Hollywood, Fl

Saturday, July 31st, 2010

You have to admit, this is the best time to be in South Florida; especially if you are looking for real estate. Whether you are buying or selling now is the time to move forward.

This summer we took our vacation in the Florida Keys as usual. I noticed that the real estate market in that area is just like the one in Hollywood, except the prices are a great deal higher.

The funny thing is, that Hollywood offers the same type of living and activities as they do in the Florida Keys. So why not buy in Hollywood? Even the luxury houses and condos are selling at extremely low prices considering the how the market was in 2003-2005.

For awhile now it has been a buyers’ market, with many properties out there for sale. That is gradually changing week to week. Don’t get me wrong, there are still many houses and condos for sale but the lowest priced are getting sold every day. Even in your foreclosures and short sales, the banks are realizing that they need to be more cooperative in getting these homes off the market. This too will speed the recovery process.

Why rent when you can buy? Do yourself a favor take a look at the real estate market today….it could be changing in the near future.

Short Sale Market in Hollywood FL

Friday, June 18th, 2010

Due to the decrease in property values, inability to make their payments or the home is just not worth what they paid for it,  many homeowners are putting their homes on the market as a short sale.

It is better in the long run to short sale a house than it is to let it go into foreclosure.  A short sale means that the bank agrees to take less than what is owed on the mortgage.  It is also better for the bank since they get at least some of the money owed and do not have the expense of going through the foreclosure process.

As far as someone’s credit goes; it is only bruised so to speak for 2 years instead of having a foreclosure on their credit for 7-10 years.  Also, some banks are forgiving the balance owed instead of a issuing a promissory note for the balance.

All in all, the short sale process is much better for the homeowner.  I am handling many short sales at this time and use a short sale negiotator to deal with the banks.  If  you would like more information on the short sale process please contact me.

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