Foreclosed homes dip to 12-year low

WASHINGTON – Jan. 22, 2018 – Foreclosures hit a 12-year low in 2017, and the distressed properties remain increasingly difficult to find in many markets. Foreclosure filings in 2017 – which include default notices, scheduled auctions and bank repossessions – dropped to the lowest level since 2005. In total, foreclosure filings were reported on 676,535 [...]

January 23rd, 2018|

Previous Foreclosure?!? Want to buy again? I have a lender for that!!!

Will lenders take foreclosed owners back?   NEW YORK – April 13, 2015 – Homeowners who lost their home to foreclosure during the financial crisis are now trying to step back into homeownership. But a critical question remains: Will mortgage lenders take these ex-owners back, and will they qualify for a mortgage? The number of [...]

April 22nd, 2015|

‘Regular investment buyers’ stake their claim

‘Regular investment buyers’ stake their claim   NEW YORK – June 25, 2014 – At the same time that institutional investors are scaling back on buying, all-cash home purchases are on the rise. So who's behind the increase? Joseph Rand, managing partner of Better Homes and Gardens Rand Realty in the New York City metro [...]

July 13th, 2014|

There is some (slightly) good news hidden in here about foreclosures

FLORIDA STILL HIGHEST IN NATION FOR FORECLOSURES; FILINGS UP IN COLLIER COUNTY The state of Florida posted the highest foreclosure rate in the U.S. for the seventh consecutive month in April, according to a study released today by housing analytics company, RealtyTrac ( One in every 400 housing units in Florida had a foreclosure filing [...]

May 22nd, 2014|

Know a neighbor who may lose their home? SAVE YOUR HEALTH and GIVE THEM MY NAME

Living near a foreclosure raises your blood pressure   WASHINGTON – May 13, 2014 – Living near foreclosed property may increase your risk of higher blood pressure, according to new research in the American Heart Association journal Circulation. It's the first time that a study has linked a home's location to a resident's physical health. [...]

May 18th, 2014|

Still Underwater On Your Home? YOU SURE ABOUT THAT?

In reading the below, it is obvious that many people can now get out from under the house that has been holding them hostage.... if you are interested in knowing the current value of your home, please CALL ME.  239-281-7980   Number of homes seriously underwater at two-year low IRVINE, Calif. – April 17, 2014 [...]

April 21st, 2014|

Buying after a short sale or foreclosure

I recently worked with a buyer who had completed a short sale just 13 months prior.  This Buyer, who I will call ShortSold Sam, was able to purchase the home with only 3.5% down and the seller was able to contribute to up to 6% to cover ShortSold Sam's closing costs. Many people I speak [...]

April 17th, 2014|

Have Home Equity? Think twice before using it

By: Dona DeZube/ Published: June 28, 2013  With home prices rising in most areas of the country, a lot of us are building home equity again. And when equity builds, it’s tempting to tap it. Used wisely, home equity can send your kids to college or launch a business. But there’s a real risk to using home equity loans — they [...]

July 1st, 2013|

Thinking of Short Selling Your Home- ACT NOW!!

Short sales can easily take many moons to close!  List now to insure your home sells prior to year end.... Otherwise you will have a HEFTY TAX BILL Tax relief on mortgage debt forgiveness ends in 2013 - Los Angeles Times. Tax relief on mortgage debt forgiveness ends in 2013, so hurry The tax-relief law [...]

May 24th, 2013|
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