Short Sales

June 10, 2020

What is a forbearance?

The definition of a forbearance is an agreement between the homeowner borrower and the lender to delay a foreclosure.

So what does that mean in today's terms?

To request a forbearance today is to request the lender "hold back" or to allow the homeowner borrower a delay in making ...

View More
Posted in Short Sales
Feb. 25, 2013

Florida Foreclosure Bill Passes House Committee

Florida Foreclosure Bill Passes House Committee

Florida Foreclosure Bill Passes House Committee

Florida Foreclosure Bill Passes House Committee

After putting on the full-court press, a Florida foreclosure bill called HB 87 was able to pass the House committee. The proposal gives lenders just one year to pursue a judgment against a home owner if the sale ...

View More
Feb. 25, 2013

Short Sale Tax Relief Extended for Another Year

Short Sale Tax Relief Extended for Another Year

Short Sale Tax Relief Extended for Another Year

Short Sale Tax Relief Extended for Another Year

For many South Florida home owners, the end of 2012 brought with it a tremendous amount of anxiety. There were looming fears that the Mortgage Forgiveness Debt Relief Act of 2007 wouldn’t be extended ...

View More
Feb. 14, 2013

Tips to Obtain a Fast Boca Raton Short Sale Approval in 2013

Tips to Obtain a Fast Boca Raton Short Sale Approval in 2013

Tips to Obtain a Fast Boca Raton Short Sale Approval in 2013

Tips to Obtain a Fast Boca Raton Short Sale Approval in 2013

Following on from 2012, many believe that 2013 could also be the year of the short sale. There are an abundance of short sale programs designed ...

View More
Feb. 14, 2013

South Florida Could See 200,000 Foreclosures in First Quarter of 2013

South Florida Could See 200,000 Foreclosures in First Quarter of 2013

South Florida Could See 200,000 Foreclosures in First Quarter 2013

South Florida Could See 200,000 Foreclosures in First Quarter 2013

While the real estate market as a whole has improved tremendously in South Florida, foreclosures are still a real issue and will continue to be during the ...

View More
Feb. 8, 2013

Tips for Purchasing a Boca Raton Short Sale Home

Tips for Purchasing a Boca Raton Short Sale Home

Tips for Purchasing a Boca Raton Short Sale Home

Tips for Purchasing a Boca Raton Short Sale Home

Boca Raton short sales are becoming more and more common as lenders deal with their backlog of foreclosures. To be sure, after the National Mortgage Settlement with the country’s five largest banks ...

View More
Feb. 8, 2013

Foreign Investors Purchasing Palm Beach Homes Sight-Unseen

Foreign Investors Purchasing Palm Beach Homes Sight-Unseen

Foreign Investors Purchasing Palm Beach Homes Sight-Unseen

Foreign Investors Purchasing Palm Beach Homes Sight-Unseen

Most Palm Beach home buyers would never dream of purchasing without seeing the house in person, but foreign investors are purchasing Palm Beach real estate at unprecedented numbers and some are doing it sight-unseen. Recently, there’s ...

View More
Feb. 7, 2013

Florida to Spend $60 Million from Mortgage Bank Settlement

Florida to Spend $60 Million from Mortgage Bank Settlement

Florida to Spend $60 Million from Mortgage Bank Settlement

Florida to Spend $60 Million from Mortgage Bank Settlement

Florida was one of the states hit the hardest by the recession and foreclosure crisis, but soon, the state will start to spend their share of the national $25 billion settlement that ...

View More
Feb. 1, 2013

Palm Beach County Housing Recovery Ranks Among the Country’s Best

Palm Beach County Housing Recovery Ranks Among the Country’s Best

Palm Beach County Housing Recovery Ranks Among the Country’s Best

Palm Beach County Housing Recovery Ranks Among the Country’s Best

There’s good news for Palm Beach County home owners. In a market that was once one the country's hardest-hit, things have most definitely turned a corner and it is ...

View More
Jan. 30, 2013

Boca Raton Home Owners Can Take Advantage of Extended Tax Cut

Boca Raton Home Owners Can Take Advantage of Extended Tax Cut

Boca Raton Home Owners Can Take Advantage of Extended Tax Cut

Boca Raton Home Owners Can Take Advantage of Extended Tax Cut

Now that Fiscal Cliff discussions are largely behind us, Boca Raton home owners have another year to take advantage of an extended tax cut that was originally set ...

View More