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Home Archive by category "Short Sale" (Page 7)

Is there a stigma with home “short sales”?

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Short Sale | Comments are Closed | 16 August, 2013 | 0

ILYCE GLINK | Moneywatch | CBS News | “Throughout the housing crisis, short sales have generally been praised as a good deal for everyone: distressed homeowners get a chance to avoid foreclosure, banks recoup more money from the sale and buyers get a great deal. But it’s not all roses. In fact, in some areasRead more

Florida HARP Applications Trend Lower in Q2 But Expected to Rise as Obama Administration Pushes for #MyRefi HARP 3.0

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 16 August, 2013 | 0

PRWeb.com | Digital Journal | HARP Mortgage Lender (http://harpmortgagelender.com) , a national network of mortgage professionals who are approved for the Home Affordable Refinance Program, reported that Florida HARP applications have dropped in the second quarter of 2013 as mortgage rates continue to rise. The Florida Home Affordable Refinance Program (HARP) was revised in late 2011Read more

Tampa Bay home prices make highest year-over-year jump since housing boom

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 13 August, 2013 | 0

Drew Harwell | Tampa Bay Times | “Tampa Bay home prices last month made their highest year-over-year jump since the housing boom, soaring 27 percent over July 2012 and reenergizing worries about a new bubble. The typical single-family home here sold last month for $172,000, the highest median price in five years, as buyers clawedRead more

Foreclosures Hit Six Year Low in June

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 10 August, 2013 | 0

Allison Halliday | Realty Biz News | “According to an article by AOL , home foreclosure filings in the US reached a six and half year low in June, based on figures from a RealtyTrac. Apparently there were 127,790 properties with foreclosure filings for that month, a decrease of 14% compared to May, and a massive 35% decrease comparedRead more

Unpaid Loans May Cost Developer Some Holdings

By joncoats | Business Law, Commercial Law, Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Short Sale | Comments are Closed | 6 August, 2013 | 3

Kevin Bouffard | THE LEDGER | “Controversial Lakeland developer Jeff Holden may lose a significant chunk of his commercial real estate holdings to foreclosure unless he can come up with almost $18 million to pay off the mortgages. Two Holden properties have already been placed into receivership under foreclosure actions that began in February 2012 while aRead more

Broward firm ordered to pay $8.1 million for software patent violations

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 5 August, 2013 | 0

Donna Gehrke-White | Sun Sentinel | “The Plantation company that handles Broward and Miami-Dade’s online foreclosure auctions and Palm Beach County‘s tax lien sales declared bankruptcy after it was ordered to put up a $4.3 million bond to fight a $8.1 million jury award to its archrival for software patent infringement. On Friday, a U.S. bankruptcy judge in FortRead more

Dog days in Palm Beach County foreclosure court

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale | Comments are Closed | 5 August, 2013 | 0

by Kim Miller | “The goliath air conditioning system in the Palm Beach County courthouse is chugging full tilt as the temperature nears 90-degrees outside and, up on the fourth floor, the foreclosure court sign-in line grows. It’s been more than five years since Florida was rocked by the housing crisis, three years since theRead more

Foreclosures in Lee County hit 6-year low

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 5 August, 2013 | 0

Dick Hogan | “Lee County’s housing market got a double dose of good news Thursday as July foreclosures dove to the lowest level in more than six years while new home permits stayed strong. Even with Fort Myers Beach statistics not available, builders throughout the county pulled 247 permits for single-family homes — nearly as manyRead more

US Foreclosure Rate Is Declining But Still More Than Double What It Was Before The Financial Crisis

By joncoats | Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 31 July, 2013 | 0

Lisa Mahapatra | International Business Times | “A total of 55,000 foreclosures were completed in June, a 20 percent decline from a year earlier, according to a just-released report from CoreLogic , a financial services and analytics firm. The number of distressed homes have fallen for 19 consecutive months, as have the number of homes that are seriouslyRead more

Foreclosures decline in June from year ago: CoreLogic

By joncoats | Florida Law, Foreclosure Law, Mortgages, Real Estate Law, Short Sale, Uncategorized | Comments are Closed | 30 July, 2013 | 0

Leah Schnurr | Reuters “Lenders completed fewer U.S. foreclosures in June than they did a year ago, while the number of properties sitting in the foreclosure pipeline also decreased as the housing market continued to improve, data from CoreLogic showed on Tuesday. There were 55,000 foreclosures finished last month, down from 68,000 in June of last year,Read more

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