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An agreement built in to the $25
billion settlement made with 5 of the nation’s largest mortgage
servicers as a result of their fraudulent foreclosure practices may increase the speed and handling of short sale offers submitted by underwater homeowners. There is a credit that will be applied to the fine they ...
There have been news storys about it, blogs about it, and Social Media posts about it. It's been publicized in many different places and many different ways. Yet some people still don't know that they have the opportunity to refinance their mortgage to historically low interest rates, even if they owe more than what the home ...
The data reported in the Tampa MLS between January 26th and February 25th, 2012 showed that Tampa Bay home purchases jumped 22% from the previous months sales, rebounding from the 14 month low reported in the prior period tracked.
The 3,069 residential properties that sold during this 30 day period in the Hillsborough-Pinellas and Pasco County ...
In an effort to change the perception that real estate
appraisers are not valuing homes fairly, the appraisal institute put out a one
page article to counter the argument being made by Real Estate agents,
Homebuilders, and Homeowners who have blamed a part of the market’s distressed
condition on the ...
According to data reported in the Tampa MLS for the period between December 26th, 2011 thru January 25th, 2012, home purchases fell by 16% in the Tampa Bay area from the previous months sales, posting the lowest number of homes sold on a monthly basis in last 14 months.
While that may sound like a bad statistic, it's not ...
Federal Housing Administration (FHA) loans were once the most utilized source for home buyers to finance a new house, that is until the 100% sub-prime mortgages appeared.
Then the mortgage meltdown came along and pushed lenders to tighten underwriting standards and credit score requirements. Today, the average credit score on an ...
According to data reported in the Tampa MLS for the period between November 26th thru December 25th, 2011, home closings in the Tampa Bay were almost unchanged from the previous months sales, down only 2.5%. Steady and consistent home sales for the Tampa-St. Petersburg-Clearwater area have continued throughout the entire year and ended 13.5% ...
According to a recent report from CoreLogic, the shadow inventory of homes across the U.S. remained steady at 1.6 million units. This number represents a five month supply, which is down from the seven-month supply that hovered near 1.9 million just one year ago.
Florida, California, and Illinois accounted for more than a third of the ...
After spending this past Sunday looking at homes in the Brandon & Riverview areas, my clients realized several things:
First-There are a lot of 3 or 4 bedroom homes with 2 car garages priced under $150,000 in newer subdivisions available for purchase.
Second-70% of those homes were Short Sales.
Third-The majority of those ...
According to data reported in the Tampa MLS for the period between October 26th thru November 25th, 2011, home purchases in the Tampa Bay area fell 6.5% from the previous month. Sales were up 1% last month, and even with the slight decline in sales over the past 30 days, the trend of consistent home sales for the Tampa-St. ...