Foreclosures

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...]

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...]

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...]

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...]

Survey: Sellers, buyers disagree on home values

The poll results show that 28 percent of homeowners and just 20 percent of agents and brokers expect residential values to rise during the next six months, while 33 percent of agents and brokers and … [Read more...]