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 […]
REDUCED! Short Sale Listing in Seminole – No HOA!
Check out our listing! Back on the market after our buyer’s financing fell through. This short sale has been verbally approved at this price by the lender – we are just waiting on a new buyer and written approval! Click here to search all Tampa Short Sales. [idx-listing mlsnumber=”T2465521″ showall=”true”]
Tampa Bay Real Estate Sales Stats for July 2011
Wow – the July real estate sales stats from the Greater Tampa Association of Realtors just came in and these numbers are interesting! We are at a 4 year record low for inventory – the number of houses on the market in Tampa Bay. Back in 2008, we had a record 25 months worth of […]
Ask a Realtor: Do I have to Pay an Agent if I do a Short Sale?
Q: I got approved to do a Short Sale by my bank. The bank told me that I need a Realtor. Why do I need a Realtor, and do I have to pay the Realtor or will the bank pay for the Realtor? A: Yes, you want a Realtor to handle the short sale for […]
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 […]
Reduced! HAFA Short Sale in Tierra Verde!
Just reduced, check out this HAFA Short Sale, this is the lowest priced single family home in Tierra Verde! This poor short sale has had 3 buyers walk away from the transaction in the last year. Every time the Seller’s bank came back with an approval, the buyer had already purchased something else and neglected […]
