While bank-owned foreclosure homes (also called REO’s – stands for Real Estate Owned) are plentiful in many markets, in some they are harder to come by. Take for example Pinellas County, where foreclosures account for just over 4% of the total market and thus they aren’t always easy for a buyer to get. Foreclosures sometimes […]
Don’t Face Foreclosure Alone: One Family Fights Back Against Bank of America
As a cancer survivor myself (Hodgkin’s Lymphoma at age 23!), I’m very involved with a local cancer charity, and last year I met a family that was in foreclosure and who’s son had a rare form of leukemia. The wife had to leave her job to take care of the son’s medical issues full-time, and […]
Top 5 Consumer Websites for Real Estate Research
Often we have many buyers we are working with who send us links to properties they’ve found on sites like Trulia and Zillow. No offense to these sites, they are great for some things, but doing current real estate research is not one of them. The sad truth is Trulia and Zillow infrequently update listings, […]
Could HARP Fix Your High Interest ARM Loan?
Traditional loan modifications, including the federal Home Affordable Modification Program (HAMP) have failed miserably to relieve struggling homeowners of mortgage payments they simply cannot afford. The largest lender in the program, Bank of America, has completed modifications for fewer than 2 percent of the 200,000 borrowers it has enrolled! Foreclosures continue to climb. I recently […]
Bank Owned Beauty in Pasadena Point Estates
Today I was driving through Pasadena Yacht & Country Club in Gulfport taking photos of a few properties for a client who is out of state. While there, I spotted this magnificent home – which is a waterfront bank owned foreclosure that has never been occupied and just had to share it. If you are […]
Tampa Bay Short Sales: What in the World is HAFA?
As a CDPE (Certified Distressed Property Expert) I get lots of questions about short sales – including – what in the world is HAFA? This video breaks it down a bit. Also check out this blog on HAFA’s guidelines here. If you are struggling to pay your mortgage and are seeking foreclosure alternatives, please contact […]
