RealtyTrac: Fort Lauderdale South Florida foreclosures rank # 11

Blog administrator comments: Fort Lauderdale/Miami and South Florida foreclosure momentum continue to grow.  Until the banks become more efficient in dealing with the home and condo foreclosure and short sale process; are willing to expedite the sale of their distressed properties, … Continue reading

FLORIDA CONDO LEGISLATION WILL REQUIRE BANK FORECLOSED CONDOS TO PAY HIGHER SHARE OF OUTSTANDING MAINTENANCE FEES

Blog administrator comments: Good news for Fort Lauderdale, Florida Condo Owners. A new Florida bill will require banks to pay up to 12 months of outstanding maintenance expenses or 1% of the original mortgage balance. This is a long overdue … Continue reading

Foreclosure Estimate Falls, Banks May Possess Fewer Homes, but Figure Likely to Rise

Blog administrators article comments: the initial good news that this article discusses is the fact that banks now realize that their foreclosure inventory is less than they previously predicted. The article discusses that Barclays Bank expects the foreclosure inventory will rise … Continue reading

South Florida’s Condo Crisis and what’s ahead

Personal comments regarding the recent article written in the Sun Sentinel newspaper on April 17, 2010 that you can read below. The Sun Sentinel article discusses trends that will benefit both buyers and sellers. For buyers, prices are obviously once again very … Continue reading

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