Orlando Homeowners in Trouble have many options! Facing foreclosure in the Greater Orlando area is not only a financial crisis; it can also be an emotional crisis. So this is a time to take stock and examine your options. There are several reasons why Orlando homes go into foreclosure. Perhaps the home was purchased at the [Continue]
If you’re an Orlando homeowner teetering on the edge of financial collapse, President Obama’s foreclosure relief program may not arrive in time to save your home. You may think foreclosure is an option but do you know what to expect? An article by David Colker of the Los Angeles Times offers some insight. You could continue [Continue]
On Wednesday, February 18th, President Obama announced his 75-billion-dollar foreclosure relief plan during a visit to Mesa, Arizona. Major components of the plan include allowing Fannie Mae and Freddie Mac to provide refinancing at more than 80% loan-to-value and at reduced interest rates, offer incentives to lenders so they will work with [Continue]
A recent Money Magazine article written by Joe Light touted the advantages of a short sale in today's market. When a buyer is looking for a bargain in Central Florida, a short sale can be the answer. [Continue]
Just as a resume's main function is not to get you the job, but to land you an interview, the words you use when describing your home is not to get the sale, they are used to spark enough interest so that prospective buyers will want to see your home. If they don't see your Orlando home there is no shot in them buying it! [Continue]
Good news for Orlando area homeowners forced to sell their homes during this economic recession: The Federal National Mortgage Association, known as Fannie Mae, is trying a new pilot program to speed up the short-sale process. Orlando’s bargain housing market has passed Miami, Fort Lauderdale and Jacksonville in the number of homes sold in [Continue]
With foreclosures occurring in nearly every Orlando neighborhood, a mob of unscrupulous vultures has swooped in to prey on desperate homeowners. Here are a few things to watch for to protect yourself from their scams: If you’re contacted out of the blue by someone claiming to be with your lender and offering to assist you with [Continue]
This is not a good time to sell a home in the Orlando area, but what if you need to sell now for a variety of reasons such as a divorce, illness, a necessary move, or job loss? Or maybe you had an adjustable rate mortgage and the increase in your monthly loan payment [Continue]
