Foreclosure Crisis Worsening

Kelly Cobiella reported on CBS News about a Florida resident who lost a family member due to an unkept home, more specifically an unprotected pool in a neglected property that was in foreclosure or … [Read more...]

Baldwin Park Real Estate information for 2010

Baldwin Park Real Estate

For anyone curious as to the real estate activity occurring within Baldwin Park, over the past year, this is the place to see the information! Baldwin Park is located just to the north of downtown … [Read more...]

December 2010 Winter Park real estate market update

Winter Park

During the month of December the Winter Park Real Estate market did see a total of 89 sales.29 of the 89 properties sold were Condos, 6 were townhomes and  51 were single family homes.  If you … [Read more...]

Today’s question: How many homes are in foreclosure in Avalon Park?

HUD Recovery

This question came to me today from someone who did not log in, so I am left with the need to place a post here to answer it in hopes that they return, meanwhile I felt it a valid enough question to … [Read more...]

Waterfront & Million $ Orlando homes

Short Sales & REO's

I recieved a phone call the other day, which prompted me to make sure we were doing out best to show where the deals are....So I have added a few more custom searches for the Orlando … [Read more...]

OS Housing values may stay stagnant

Orlando Sentinel Article p 1

on 12/29/2010 Mary Shanklin wrote an interesting article, quoting a University of Florida finance professor, who said prices have only seen an average increase of 3.2% "per year" over the last 30 … [Read more...]

Foreclosure Mediation Process – FAILURE

Palm Beach Post Article

Kimberly Miller wrote an article in the Orlando Sentinel, stating the most recent statistics of mediation process and their success rates, while only briefly touching on the reason for the … [Read more...]

Bank of America is statistically on our $@!^ List?

USA Today BofA article

USA Today published a new report stating that Bank Of America has received some of the lowest marks / grades compared to most other lenders and I believe the report is inaccurate!Thats right, … [Read more...]

Eastwood Home Owners Association approves new budget

Eastwood approved a new budget in November 2010, that reduces the quarterly assessments.There are 2 associations within Eastwood known as Eastwood Community Association and Eastwood Community … [Read more...]

Wave of foreclosure sales could hurt prices

wave-of-foreclosures

Wave of foreclosure sales could hurt pricesI like the out, Ivy Zelman left herself which was, "unless conventional sales recover".  Bank owned homes and Short Sales are definately going to … [Read more...]

Study: Shady short sales on the rise

Shady-Short-sales

If you are curious why some short sales are priced ~WAY~ below market, you know there is either a major issue with the property that is not easily identified, but does exist, or there is likely … [Read more...]

Amway Center Doors Open 10/1/2010

On Friday, October 1, the doors to the new Amway Center will open to the Central Florida community for the first time. Opening day activities will begin at 9:30 a.m. on Friday, October 1 on Church … [Read more...]

E-Pass Shredding & Recycling Event

Epass Logo

Saturday 9/18/2010 8am to 12pm Amway ArenaIn recognition of Pollution Prevention Week, E-PASS, along with several community partners, is sponsoring another shredding and electronics recycling … [Read more...]

Orlando home prices hit 12-year low – OrlandoSentinel.com

Orlando Sentinel Logo

Median prices in Orlando hit less than $100,000..The Orlando Regional Realtor Association reported Friday that median prices dropped 8 percent from July to a low of $99,900 for August. Prices were … [Read more...]

Bank Of America inefficiency

BofA Website

I got a call on Friday 9/3/2010 with the below recording:BofA Recorded MessageAs you can tell, Bank Of America has asked me to give them a call regarding my account.. problem is I do not have … [Read more...]

FHA Gives Home Buyers One-Month Window

FHA Gives Home Buyers One-Month WindowSeptember 1, 2010--The Federal Housing Administration (FHA) is giving homeowners and buyers until October 4 to lock in a low monthly insurance premium, … [Read more...]

Fannie Mae launches new site to help struggling homeowners

Fannie MaeThe government-controlled company (FNMA) on Tuesday (8/3/2010) launched http://www.knowyouroptions.com View easy-to-understand definitions of mortgage industry terms as well as online … [Read more...]

Thinking about a Strategic Default? Watch your step

DowntownOrlando

Starting in October, Fannie Mae says, strategic defaulters will be disqualified for new Fannie Mae-backed loans for seven years after their foreclosures. Fannie also says it will go to court where it … [Read more...]

Underwater, but current on payments don’t expect help… You’re Stuck

here's an idea!

Mike Larson, a housing analyst with Weiss Research in Jupiter, Fla., said the government largely has failed to address the plight of homeowners who still are paying on underwater mortgages.The … [Read more...]

Orange County Regional History Center Free this weekend

July 31st - August 1st

Orange County Regional History Center 65 E. Central Blvd. Orlando, FlLocated at the corner of Central Blvd & Magnolia Ave, this weekend is a perfect opportunity for a family outing, or a … [Read more...]

Considering a deed in lieu? read this

Do the math, before making your decision

Deeds-in-lieu don’t harm a borrower’s credit rating as much as a foreclosure or a bankruptcy, but because they are treated as debts that are “not paid as agreed,” they do leave a mark on … [Read more...]

Short Sale could result in call from Debt Collector

Short Sales can cost money AFTER the sale

Banks usually have four years in which to file a deficiency judgment, but they can sell it to a third-party collection agency -- “and the collection firms can chase you down for 20 years,” Davis … [Read more...]

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