If your son is still living in the basement in his mid-20s, take heart: he’ll be gone soon. Vacancy rates for apartments and single-family houses are dropping in many cities, including Tucson and Indianapolis, which ranked high on Forbes’ list of America’s Emptiest Cities. To Budge Huskey, president of Coldwell Banker Real Estate, that suggests people who had been shacking…read more →
KISSIMMEE, Fla. — Some renters in Kissimmee signed leases that they thought locked them in at a great price. But WFTV investigative reporter George Spencer discovered that when their original landlord went into foreclosure, their below-market rates opened them up to eviction. Louis Barrueto disassembled his family’s dining room table as his wife packed boxes. Next door, neighbors loaded up…read more →
Much has been made in the media of homeowners who have lost family homes to foreclosure. News stories have told tales of adjusted rate mortgages with skyrocketing interest rates, fraudulent notarizations on foreclosure paperwork and scores of homeowners left upside-down in properties that will never again be worth what homeowners owe on them. Lost in the shuffle are another group…read more →
School districts will face lower property values as they scramble to make their budgets, according to the latest tax roll forecasts released Tuesday that show taxable property values down about 4.5 percent from previous estimates. A panel of economists from the Legislature and the governor’s office trimmed August estimates for taxable property used by public schools by $62.8 billion to…read more →
Orlando, FL – many people are shocked that it is often cheaper to short sale and rent that staying in your home with a loan modification. They find it hard to believe that they can rent a comparable or even nicer home for less than their mortgage. here are the two factors that make it possible. Click here to find…read more →
Orlando, FL – Here is a question that the stop Foreclosure Institute recently received. “I am in the middle of a very long negotiation with Chase. The seller had me to put a clause into the contract stating “upon approval of short sale by sellers’ lender, lenders, & or affiliates, client, or heirs will be released from any monetary shortages…read more →
January closed out with some 31 closed deals at Sand Dollar Realty Group. Typically a slow month due to the lag caused from the Christmas holidays but a bunch of great deals got bought up. Check out just a small sampling of what we sold last month. Wyndcliff Battlegrove Hardy Mills 1. Wyndcliff Circle, Orlando, FL 32817. Located in east…read more →
ORLANDO, Fla. — New numbers released Tuesday to WFTV show the price of homes in Orlando have hit a new low in the recession. With a median price under $95,000, homes haven’t been that cheap since 1997.Homeowners want to know when it is going to turn around.some realtors say Orlando could see prices increase in four years. However, others say…read more →
Orlando FL – The Star Tribune, a newspaper in Minneapolis, recently ran a story about loan modifications. Here is an excerpt from the article: “Many people who sought help under a federal program created to keep them from losing their homes are instead getting saddled with huge, unexpected bills. Thousands now face a stark choice: go deeper into debt, or…read more →
Orlando FL – we often get asked if a short sale is even worth the effort. “Do I need to have my short sale “Approved” by my lender before I put my home on the market?” one seller asked us. “When I called my lender they wouldn’t talk to me about my short sale. I am concerned that they might…read more →
