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Home Articles posted by joncoats (Page 5)

Foreclosure activity sharply increased in January

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Short Sale, Uncategorized | Comments are Closed | 18 February, 2014 | 0

Tara Steele | AgentGenius | “According to RealtyTrac data out today, although bank repossessions are at their lowest level since July 2007, foreclosure starts rose over 50 percent annually in several states like California, Connecticut, Maryland, and New Jersey. Foreclosure activity fell 18 percent annually, but rose 8.0 percent in January from December, which RealtyTrac says isRead more

Cheval Golf Club files for Chapter 11 bankruptcy reorganization

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 17 February, 2014 | 0

Jane Meinhardt | Tampa Bay Business Journal | “The Tony Cheval Golf & Country Club in Lutz is seeking Chapter 11 bankruptcy reorganization. The popular 18-hole golf course golf course property was in foreclosure proceedings when the bankruptcy petition was filed Feb. 6, court records show. The property includes the golf course, practice facility, clubhouse,Read more

Tampa Bay’s foreclosure rate remains high despite a better January

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 13 February, 2014 | 2

Drew Harwell | Tampa Bay Times | “Tampa Bay saw 20 percent fewer foreclosure filings last month than in January 2013, a sign that lingering distress from the housing crash continues to slowly fade from view, RealtyTrac data released today show. But the good news ends there. Tampa Bay posted the seventh-highest foreclosure rate inRead more

Cities selling the most distressed homes

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale | Comments are Closed | 6 February, 2014 | 0

Alexander E.M. Hess, Michael B. Sauter and Thomas C. Frohlich | 24/7 Wall St. | USA Today “Last December, 16.2% of all home sales involved distressed properties, according to a recent report. These homes were sold at an average discount of nearly 40% when compared to conventional, non-distressed homes. Housing data site RealtyTrac recently releasedRead more

Pasco unveils loan program for tax-burdened seniors

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Uncategorized | Comments are Closed | 5 February, 2014 | 0

Rich Shopes | Tampa Bay Times | “The county’s community development office on Tuesday rolled out a new interest-free loan program aimed at helping low-income seniors burdened by big tax bills. The program, which is intended to curb foreclosures from delinquent taxes, is funded by a $300,000 state housing grant. It’s aimed at low-income folksRead more

Median sale price of existing home in Tampa Bay up 16.2 percent

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 4 February, 2014 | 0

Michael Sasso | The Tampa Tribune | “The median sale price of an existing home in the Tampa Bay area rose by 16.2 percent in December when compared with a year earlier, new figures from Florida Realtors show. Last month, the median sale price of a single-family home in the Tampa-St. Petersburg-Clearwater metropolitan area was $158,000.Read more

Tampa Police staying busy making sure unwanted guests are kicked out

By joncoats | Florida Law, Foreclosure Law, Real Estate Law, Uncategorized | Comments are Closed | 3 February, 2014 | 0

Jennifer Titus | WTSP | “The Bay area has one of the highest foreclosure rates in the county and as a result squatters are popping up all around. With thousands of foreclosed homes in the Bay area, it’s attracting some unwanted visitors in many parts of the city; something Tampa police officers have caught on to.Read more

House flipping market crowded

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale | Comments are Closed | 1 February, 2014 | 0

 Michael Sasso | Tampa Tribune | “It’s getting harder to find homes to flip for a profit in the Tampa Bay area as big rental home companies crowd out traditional flippers, according to new data from real estate and foreclosure marketplace RealtyTrac. Irvine, Calif.-based Realty­Trac researches millions of real estate sales across the country and estimates how manyRead more

Foreclosures in the U.S. Drop 24 Percent in 2013

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale | Comments are Closed | 31 January, 2014 | 0

Francys Vallecillo | World Property Channel | “The total number of completed foreclosures in the U.S. dropped 24 percent in 2013, compared to 2012, according to the latest report from CoreLogic. There were 620,111 homes lost to foreclosure nationwide in 2013, compared to a total of 820,498 homes in 2012. Foreclosure numbers have been droppingRead more

30% of Tampa Bay homes sales still distressed

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale | Comments are Closed | 31 January, 2014 | 0

Eric Snider | Tampa Bay Business Journal | “We’re not out of this foreclosure/short sale mess yet. More than a quarter of homes sales in December in 10 of the country’s largest metro areas were processed as either foreclosures or short sales, a new report says. Tampa ranked fourth, with such transactions making up 30.1 percent ofRead more

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  • Home
  • Attorney Information
    • Jon B. Coats Jr.
    • Ryan Schmidt
    • J. Patrick Walsh
    • Martha Bolton
    • Alexis Moore
    • Kimberly Sproat
    • Amanda Drummond
  • Practice Areas
    • Business Litigation and Transactions
    • Concierge Legal & Advisory Services
    • Corporate Intelligence & Due Diligence Investigations
    • Condo & HOA Representation
    • Real Estate Litigation and Transactions
    • Probate, Wills, Trusts and Estate
    • Commercial Loan Documentation
    • Landlord / Tenant
    • Foreclosure Defense
  • Resources
  • Blog
  • Contact Us
Coats Schmidt, P.A.