The quick reply is Yes! The old adage applies in Orlando Real Estate as it does in the general investment arena - Buy Low and Sell High. We all know the Orlando Real Estate arena certainly has a major "correction" of late. If you are purchasing for the long term, now just might be the right time. [Continue]
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]
How to Lose a Short Sale Ways of Irritating Lenders-and Loosing a Short Sale Why do banks even consider taking a short sale? They will be loosing thousands of dollars and they already have the right to foreclose. There are many reasons banks have for wanting a short sale to [Continue]
There may be help for troubled Orlando homeowners on the horizon! Congress sits poised to dole out the next $350 billion in bailout funds to banks as more and more people loose their homes to foreclosure. Congress has now indicated they may even include some type of much needed help for homeowners [Continue]
Orlando, Florida Short Sale Home Buyer Tips: An Interview with Chris Myers of the Orlando Property Group We were interviewed by Kevin Sandridge of the blog site, www.floridamortgageblogger.com. Kevin is one of Orlando’s premier mortgage broker’s, and through doing business together, we’ve come to respect his industry knowledge [Continue]
Around Fort Lauderdale, it has become extremely clear just how big a hit its economy has taken as a result of the real estate market’s collapse. It’s like a different world compared to what it was like just a few years ago: overgrown grass rises above many curbs and sidewalks; homes and businesses sit empty [Continue]
(IRVINE, CA) — There is still no good news on the nation’s residential foreclosure front. Experts report cities in California, Florida, Nevada and Arizona still top the country’s foreclosure pole in the first half of this year. In its Midyear 2009 Metropolitan Foreclosure Market Report, the four states accounted for 35 of [Continue]
Business is booming in Greater Fort Myers in Lee County, near the southern end of Florida’s west coast, where realtor Suzanne Sherer is working seven days a week. Sherer says sales at her six-person firm are back at 2005 levels. “We’re seeing bidding wars on entry-level homes,” says Sherer. “Within three days of listing, we have [Continue]
A coming wave of mortgage adjustments threatens to prolong, and possibly worsen, the foreclosure crisis, industry analysts warn. Estimated 2.8 million option adjustable-rate mortgages are scheduled to reset in the coming years, with the peak in mid-2011. Those resets will cause those borrowers’ monthly payments to balloon, potentially [Continue]
The economic slowdown has brought a major mortgage crisis in Orlando city too. As a result, a large inventory of Orlando Foreclosures is available and are cheap – almost 10- 50% low in cost as compared to the open market and have the best of locations and properties to choose from. Most of the Orlando [Continue]
