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Florida Short Sales Are Booming in Broward County in 2012: 30% Increase From Last Year According to RealtyTrac (and a 18% Boost in 2012 Short Sales Statewide)

Short sales in Florida are happening more and more often; in fact, the good news out of Broward County, Florida, is that short sales have topped the number of foreclosures that were filed in the first quarter of 2012 – and this is big, big news since that...

Underwater Mortgages Are Huge Problem Per New Zillow Negative Equity Report: Will Florida Banks and the Powers That Be Do More for Florida Home Owner Short Sales and Loan Modifications?

Today, Zillow.com released its research study on the United States’ housing market, “Zillow Negative Equity Report,” and it’s not good news for anyone.  From the Zillow experts, in the first three months of 2012: 31.4 percent of U.S. homeowners...

Bank of America New Short Sale Program: Offering Relocation Expense Coverage to the Seller In Varying Amounts – How Good Is This Deal for Florida Homeowners?

There’s a lot of news coverage this week about the announcement by Bank of America that it is introducing a new short sale program to help Florida homeowners in trouble with their mortgages.  Across the country and in Florida, Bank of America itself (BofA) is...

What is Force-placed Insurance or Lender-Placed Insurance? It’s Not Good for Florida Home Owners. Here’s Why.

Where will all the strings of Foreclosure Fraud end?  Who knows, because more and more issues just keep popping up from the huge mortgage fraud mess in Florida and across the country.  The latest?  Forced-placed insurance, also known as Lender-placed insurance, and...

Florida Hardest Hit Fund – New Expanded Version Waits for Fed Approval. Will It Help You?

Last Friday, the State of Florida powers-that-be announced that they were revamping the Hardest Hit Fund for Florida residents, making eligibility requirements easier to meet for lots of Floridians.   Which is good news if you are past due on your mortgage payments,...