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Category Archives: Foreclosures & Short Sales

Home / Archive Category: Foreclosures & Short Sales

SHORT SALES

Sep 6, 2010pattireidForeclosures & Short Sales

Although I have been helping people sell their homes for over 20 years, in all different types of situations, the short sale process is one that is becoming increasingly popular yet most misunderstood.  I have had my share of experience with sellers

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CRACKING THE WHIP ON FORECLOSURES

Sep 3, 2010pattireidForeclosures & Short Sales

According to Inman News, Fannie Mae will begin assessing fines on loan servicers who take too long to complete foreclosures, once it has been determined that the delinquent borrower is not qualified for a loan modification or a short sale

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Short Sale Q & A

Aug 20, 2010pattireidForeclosures & Short Sales

There is never a shortage of questions asked by a seller who is contemplating a short sale.  Most of the time the sellers DO NOT want to short sale their home but they have no other alternative.  As a Realtor,  I

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Foreclosure vs. short sale: pros and cons

Jul 28, 2010Debra SpadaforaForeclosures & Short Sales

With today’s reduced property values and increased unemployment, it’s tempting for some homeowners to just throw their hands up in defeat, allow the bank to take their home in foreclosure and rid themselves of the monthly mortgage burden.     Experts

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Let's Make A Deal!

May 10, 2010Michael SolovayForeclosures & Short Sales

Portsview at The Waterways – 3610 Yacht Club Dr., Unit 912 Aventura FL  33180 List Price:  $265,000.00  SHORT SALE Portsview at The Waterways Condominium is located within the 176 acre community of The Waterways, along the Intracoastal Waterway.  Residents have

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Approved Short Sale @ Kings Creek South 2/2 for $130K

Apr 22, 2010Nayla Benitez3 CommentsForeclosures & Short Salesapproved condo for sale, approved short sale, Downtown Dadeland, Gated Community, kings creek condo, short sale, two bedroom condo

Current buyer walked away due to financing problems but this listing is ready to close.  We need a cash buyer or someone with strong financing /good down payment.  Nice unit close to Dadeland mall one of the few gated communities

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Approved Short-Sale for $130k 2bed/2bath@ Kings Creek South

Apr 19, 2010Nayla Benitez1 CommentForeclosures & Short Salesapproved short sale, condo sales, Dadeland, Downtown Dadeland, Financing, Florida Short Sale Approved, quick closing

We are looking for a Cash buyer or at least 30% down that can close quickly.  Bank approved the short-sale and current buyer walked away from the deal due  to financing.  Unit is in good condition in a great location

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NAR's take on the new short sale process

Mar 31, 2010Patrick M. O'Connell1 CommentForeclosures & Short Sales

Please watch the attached video presentation about the new procedures that take affect in just a few days.  We will be seeing an increasing amount of short sales this year.  With some new standardized procedures in place, hopefully we will

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Short Sales Drive You Crazy? Help Is On The Way…HAFA is coming to a bank near you..April 5

Mar 11, 2010AdminForeclosures & Short Sales

Due to the urginf of the National Association of Realtors (NAR), the Treasury Department is going to imrove the short sales process. So, if you are trying to sell your house because it is worth less than your mortgage, or

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Stop Foreclosure

Mar 4, 2010pattireidForeclosures & Short Sales

A recent study by Amherst Securities stated that homes where the homeowner is at least 90 days in arrears on his mortgage payment has less than a 1% chance of catching up.  99% of these homes end up in foreclosure or

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