RealtyTrac’s MidYear State of the Real Estate Market: Banks Sitting on Things Is Hurting Everyone – Could This News Help You?

| July 15, 2011

RealtyTrac released a new report on the state of the country’s real estate market yesterday, and the news isn’t good.  (You can read the full text of the RealtyTrac press release / midyear State of the Market here.) According to this nationally-recognized expert on the real estate industry, the U.S. is still in a big […]

Chase and Wells Fargo Offer $10k-$20k for Homeowner Agreement to Short Sale: Interested, South Florida? Will Your Bank Do This Too?

| June 30, 2011

Two of the biggest national lenders, Chase and Wells Fargo, are finding ways to encourage their homeowners to sell their distressed properties before they go into foreclosure, according to a news story written by Paul Owers of the Sun Sentinel entitled, “Chase, Wells Fargo offer borrowers $10,000-$20,000 for short sale closings,” published June 27, 2011. […]

The Catch-22 of Trying to Sell Your Home in Florida: Prices Going Down, Buyers Can’t Find Home Loans – But Things May Be Changing

| May 31, 2011

Standard & Poor’s is an internationally-recognized financial markets analysis company, providing a number of research statistics and indices to help measure what is happening in the American economy.  You may recognize its stock index, the S&P 500, which the news media report on daily along with the Dow Jones and other stock market indices. Its […]

Foreclosure Sales in South Florida: How Bad Is It? New RealtyTrac Stats For 1st Quarter 2011

| May 26, 2011

RealtyTrac has just released its statistics for the First Quarter 2011, including foreclosure sales numbers. You can read the numbers online for free at their site’s Trend Center. Why should Florida homeowners care about foreclosure sales? The foreclosure statistics impact everyone.  For example, the number of foreclosed properties in the housing market impacts fair market […]

Will Congress Help Florida Homeowners Get Short Sales Completed To Avoid Foreclosure? Florida Realtors Ask for Fed Help

| May 24, 2011

Around ten days ago, a group of Florida Realtors appeared before Congress and asked for the federal government’s help for Florida homeowners to get short sales respected and accepted by banks, lenders, and financial institutions. They are a powerful voice: Florida Realtors, according to its website, are the largest trade association in Florida – having […]

RealtyTrac Debuts New Service – Ratings on Investment Potential of Florida Foreclosure and Short Sale Properties

| May 17, 2011

RealtyTrac is an online provider of real estate information, covering both properties that are for sale as well as homes under foreclosure and available for short sale. It makes its money through memberships, and while there are some negative reviews of RealtyTrac’s service the Better Business Bureau has given RealtyTrac an A+ rating. What does […]

Tips for Buying REOs: Five Things to Consider Before Buying a Foreclosure, Bank-Owned Home (REO)

| March 31, 2011

Right now, the economy in Florida and across the country is questionable and some are predicting it’s going to take a turn for the worse. Even if the economy does take a turn for the worse, there are lots of opportunities to bargain shop for those with the ability to purchase – and one of the […]