Modified Loans May Still Lead to Short Sales Will Loan Modifications Help Homeowners in Orlando, Florida? In areas like Orlando, Florida, hard hit by increased foreclosures and decreased home values, loan modifications held out some hope for slowing the real estate market’s downward spiral. However, initial early data may indicate many [Continue]
14309 LETHAM GRANGE CT Orlando FL 32828 Orlando Short Sale. This exquisite Orlando Pool home is located on an oversized fenced lot in the prestigious GATED Preserve at Eastwood. This beautiful home features eat-in breakfast bar kitchen which opens out into the family room, where you can relax in front of the beautiful [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]
709 WESTCLIFFE DRIVE WINTER GARDEN 34787 Winter Garden Short Sale. We have Verbal approval from the bank at $165,000! This stunning MODEL condition decorator home boasts gorgeous rich hardwood flooring throughout the living areas & Italian tile in the bathrooms! WOW!! This ROCK-SOLID charmer also features a WIDE OPEN floor [Continue]
3257 MAJESTIC OAK DRIVE SAINT CLOUD FL 327741 Saint Cloud Short Sale. Charming & very comfortable home w/ IDYLLIC location, surrounded by majestic oaks and close to everything! This spacious home boasts tons of upgrades, a large screened lanai and a picture perfect backyard w/sparkling pool and lots of elbow room! WOW! Relax [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]
We are facing an unprecedented rise in foreclosures in the United States that threatens our financial security and the stability of our communities. Today, every homeowner is acutely aware of the rapid decline in property values. The real estate euphoria that took place during the “boom” years at the beginning of this decade has vanished. [Continue]
Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? Before you make an offer, it pays to know a little about the seller’s situation. If a home is being sold for below what the current seller owes on the property—and the seller does not have other [Continue]
If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won’t cover your total mortgage obligation and [Continue]
From pushy lenders to aggressive investors, there are many challenges that real estate practitioners must overcome in the new world of distressed sales. The hard sell by lenders is just one of the many challenges sales associates face when working with distressed sales. Other challenges: aggressive investors who try to make money through a [Continue]
