123 Lakeshore Drive #2242, North Palm Beach, FL
Get Directions Click Here
Description Photos Maps & Local Schools
$ Click for current price
2 BEDROOMS
2 BATHROOMS (2 full)
1562 Square Feet
Stunning modern lower penthouse residence in this exclusive gated enclave. 9′ ceilings and a perfect layout highlight the breathtaking water views of the Intracoastal, Lake Worth and the ocean. Real Wood flooring throughout, updated kitchen, baths and closets. Old Port Cove residents enjoy easy access to a world class Marina, and Sandpipers Cove – a superb restaurant on the grounds. Old Port Cove is uniquely situated on a 60-acre peninsula surrounded by the North end of Lake Worth and the Intracoastal Waterway. *Listing courtesy of Coldwell Banker
South Florida Homes for Sale
What is Your Home Worth?
Free List of Foreclosed Homes For Sale
FREE List of HUD Homes for Sale
Palm Beach County Homes for Sale
Search All Homes For Sale
Homes Close to Where You Work
Rodney Forbes

Managing Broker

Forbes Realty of South Florida
561-337-4810
rodney@forbesrealtyonline.com
L2L

{ 0 comments }

143 Santa Monica Avenue, Royal Palm Beach, FL
Get Directions Click Here

Description Photos Maps & Local Schools Virtual Tour
$ Click for current price
3 BEDROOMS
2 BATHROOMS (2 full)
1446 Square Feet
Public Remarks:This is NOT a short sale or Bank Owned. Beautiful home located in a quiet neighborhood. Centrally located 3 bedroom 2 bathroom home in the heart of Royal Palm Beach in La Mancha subdivision. The home has recently been painted inside. Home features stone work on the front, two car garage, covered back porch, a split floor plan, tile throughout, ceiling fans in all rooms, and a large fully fenced in backyard with a storage shed for extra storage space and room for a pool. The driveway has been expanded to include an extra concrete slab driveway on the side of the garage, great to store a boat, RV or extra vehicle. This neighborhood does NOT have an HOA.
Palm Beach County Homes for Sale
South Florida Homes for Sale
What is Your Home Worth?
Free List of Foreclosed Homes For Sale
FREE List of HUD Homes for Sale
Palm Beach County Homes for Sale
Search All Homes For Sale
Homes Close to Where You Work
Showing Agent:
Rodney ForbesManaging Broker
Forbes Realty of South Florida
561-337-4810
rodney@forbesrealtyonline.com
L2L

{ 0 comments }

146 Nottingham Road, Boynton Beach, FL
Get Directions Click Here
Description Photos Maps & Local Schools
$ Click for current price
3 BEDROOMS
3 BATHROOMS (2 full, 1 half)
2209 Square Feet
146 Nottingham is a 3 bedroom, 2.5 Bathroom townhome in Boynton Beach, FL 33426 near Caloosa Park. This 2 story townhome in Boynton Beach Florida is located next to Caloosa Park and baseball fields. It has a 2 car attached garage and low HOA dues that are currently $169/month. HOA dues include basic cable, common area maintenance and maintenance of the clubhouse and pool. You must own for 2 years before leasing and there is a 2 pet (up to 60lbs) restriction.This is a spacious townhome with tile on the first floor and 3 full bedrooms plus a loft upstairs.

Property is being sold via online auction (Auction.com) Offers are NOT to be sent to the listing agent. Please have the buyer read the auction registration and bidding instructions carefully. Sold as-is. No repairs or seller concessions. Commissions are set by the seller and cannot be negotiated. All measurements approximate. SEE ATTACHEMENTS. All offers with financing must have a prequal from Greenlight.

South Florida Homes for Sale
What is Your Home Worth?
Free List of Foreclosed Homes For Sale
FREE List of HUD Homes for Sale
Palm Beach County Homes for Sale
Search All Homes For Sale
Homes Close to Where You Work
Rodney Forbes

Managing Broker

Forbes Realty of South Florida
561-337-4810
rodney@forbesrealtyonline.com
L2L

{ 0 comments }

9192 Villa Palma Lane, Palm Beach Gardens, FL
Get Directions Click Here
Description Photos Maps & Local Schools Virtual Tour
$ Click for current price
4 BEDROOMS
3 BATHROOMS (2 full, 1 half)
2084 Square Feet
Large 4 bedroom 2.5 bath home for sale with great location desirable Palm Beach Gardens FL 33418. Gated community and lake view from the home. Great for families. Close to parks, schools, shopping areas, I-95, turnpike and minutes to the beach. Move in ready! All measurements approximate. This property is now under auction terms Homesearch.com. This property is subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. All offers need to be placed on HomeSearch.com. All pre and post auction offers can be sent to sales@homesearch.com. No inspection period after offer has been accepted. Being sold As Is.
West Palm Beach Homes For Sale
Search All Homes For Sale
Homes Close to Where You Work
Avoid Foreclosure
What is Your Home Worth?
FREE List of HUD Homes for Sale
Rodney ForbesManaging Broker
Forbes Realty of South Florida
561-337-4810
rodney@forbesrealtyonline.com
L2L

{ 0 comments }

9192 Villa Palma Lane 9192 Villa Palma Lane

9192 Villa Palma. Nice waterfront single family home located in Palm Beach Gardens, FL. Property is located in a gated community. Situated on a lot with lake views.  Short drive to the beach. 4 bedrooms and 2 full baths and 1 half bathroom. Views of the lake from the backyard.  The HOA includes Lawn service, pool, common areas, gated entrance, basic cable.

This property is now under auction terms. This property is subject to a 5%  buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval.
Please contact listing agent for details. Auction site is Homesearch.com.

Click here for full listing information on Realtor.com

Lake View
Rodney Forbes is a Realtor® and registered broker with Forbes Realty of South Florida, based in West Palm Beach Florida. Rodney and his team work in Palm Beach, Broward, Martin and St. Lucie Counties. As a recognized expert on short sales, Rodney has been featured on radio and national web conferences for agents. Rodney has also authored the book “Should I Short Sale My Home?”

Forbes Realty of South Florida also specializes in REO asset disposition. Rodney works with several banks and asset managers in the Palm Beach County area. Rodney is the main author for the popular real estate blog South Florida Real Estate Report. You can find a wealth of information regarding bank foreclosures, short sales, real estate news and local real estate trends.

For more information, please call Rodney at 561-337-4810 or email Rodney@ForbesRealtyOnline.com

{ 0 comments }

146 Nottingham Road 146 Nottingham Road

146 Nottingham is a 3 bedroom, 2.5 Bathroom townhome in Boynton Beach, FL 33426 near Caloosa Park. This 2 story townhome in Boynton Beach Florida is located next to Caloosa Park and baseball fields. It has a 2 car attached garage and low HOA dues that are currently $169/month. HOA dues include basic cable, common area maintenance and maintenance of the clubhouse and pool. You must own for 2 years before leasing and there is a 2 pet (up to 60lbs) restriction.

This is a spacious townhome with tile on the first floor and 3 full bedrooms plus a loft upstairs. It is close to I95, parks, schools, and the beach.

This property is now under auction terms. This property is subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Auction site is Homesearch.com.

146 Nottingham Road 146 Nottingham Road

Rodney Forbes is a Realtor® and registered broker with Forbes Realty of South Florida, based in West Palm Beach Florida. Rodney and his team work in Palm Beach, Broward, Martin and St. Lucie Counties. As a recognized expert on short sales, Rodney has been featured on radio and national web conferences for agents. Rodney has also authored the book “Should I Short Sale My Home?”

Forbes Realty of South Florida also specializes in REO asset disposition. Rodney works with several banks and asset managers in the Palm Beach County area. Rodney is the main author for the popular real estate blog South Florida Real Estate Report. You can find a wealth of information regarding bank foreclosures, short sales, real estate news and local real estate trends.

For more information, please call Rodney at 561-337-4810 or email Rodney@ForbesRealtyOnline.com

{ 0 comments }

114 Via Veracruz 114 Via Veracruz

5 bedroom, 4 bath waterfront pool home for sale in Jupiter, Florida. This 2 story home has a screened in pool, located in a quiet suburban community near Abacoa and FAU. Short drive to the beach. 5 bedrooms and 4 full baths, including a full size cabana bath. Screened pool overlooks a community lake.

Great for entertaining. 2 car garage and additional covered parking. Upgrades include stainless steel appliances, granite countertops, hardwood cabinets, security system,in-law suite with full bath and private entrance. Many additional upgrades in this home.  Located close to downtown Abacoa, Jupiter Riverfront, beaches, FAU campus and Scripps.

This property is now under auction terms. This property is subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Auction site is Homesearch.com

Click here for full listing information on Realtor.com

Rodney Forbes is a Realtor® and registered broker with Forbes Realty of South Florida, based in West Palm Beach

114 Via Veracruz 114 Via Veracruz

Florida. Rodney and his team work in Palm Beach, Broward, Martin and St. Lucie Counties. As a recognized expert on short sales, Rodney has been featured on radio and national web conferences for agents. Rodney has also authored the book “Should I Short Sale My Home?”

Forbes Realty of South Florida also specializes in REO asset disposition. Rodney works with several banks and asset managers in the Palm Beach County area. Rodney is the main author for the popular real estate blog South Florida Real Estate Report. You can find a wealth of information regarding bank foreclosures, short sales, real estate news and local real estate trends.

For more information, please call Rodney at 561-337-4810 or email Rodney@ForbesRealtyOnline.com

{ 0 comments }

PROPERTY FOR SALE470 Pumpkin Dr

Single Family House – Palm Beach Gardens, FL 33410

470 Pumpkin Dr.

3BR/2.5BA, 2 story home. European style. View of community Lake. Extra Large corner lot located in sought after Evergrene Subdivision. Home features hardwood floors on the first floor, taller kitchen cabinets and vanities in the bathrooms, French doors that lead out to the back yard. There is a gas outlet for BBQ outside. Granite countertops in the kitchen. Chandelier in dining room does not convey!

 

Click here for full listing information on Realtor.com

Click here to view a virtual tour of the home

**Rodney Forbes is a Realtor® and registered broker with Forbes Realty of South Florida, based in West Palm Beach Florida. Rodney and his team work in Palm Beach, Broward, Martin and St. Lucie Counties. As a recognized expert on short sales, Rodney has been featured on radio and national web conferences for agents. Rodney has also authored the book “Should I Short Sale My Home?”

Forbes Realty of South Florida also specializes in REO asset disposition. Rodney works with several banks and asset managers in the Palm Beach County area. Rodney is the main author for the popular real estate blog South Florida Real Estate Report. You can find a wealth of information regarding bank foreclosures, short sales, real estate news and local real estate trends.

For more information, please call Rodney at 561-337-4810 or email Rodney@ForbesRealtyOnline.com

{ 0 comments }

DSC_0051 (640x427)PROPERTY FOR RENT

Single Family House – Hobe Sound, FL
9060 SE Jupiter Narrows Place.
Available Oct 1st. 3BR/2BA home with 2 car garage has been completely remodeled and updated. Enjoy tropical landscaping, open entertainment area, screened pool and gorgeous view of the lake. Porcelain tile throughout, granite countertops with new stainless steel appliances. Master bedroom overlooks the pool. Included are lawn care, pest control, pool care, washer/dryer, central vacuum, security system, and hurricane shutters. 2 private lakes for fishing and non-motorized boating. Short bike ride to the beach and 5 minutes to Jonathan Dickinson State Park. Rent for this property is 2300….00 per month for one year lease/2200.00 for two year lease. Owner will also lease furnished for $3000 per month including Large TV and basic cable.

**Rodney Forbes is a Realtor® and registered broker with Forbes Realty of South Florida, based in West Palm Beach Florida. Rodney and his team work in Palm Beach, Broward, Martin and St. Lucie Counties. As a recognized expert on short sales, Rodney has been featured on radio and national web conferences for agents. Rodney has also authored the book “Should I Short Sale My Home?”

Forbes Realty of South Florida also specializes in REO asset disposition. Rodney works with several banks and asset managers in the Palm Beach County area. Rodney is the main author for the popular real estate blog South Florida Real Estate Report. You can find a wealth of information regarding bank foreclosures, short sales, real estate news and local real estate trends.

For more information, please call Rodney at 561-337-4810 or email Rodney@ForbesRealtyOnline.com

{ 0 comments }

10 Common Short Sale Myths Dismissed Part 1

by Rodney Forbes on April 5, 2013

Palm Beach County Florida has a huge number of short sales. What exactly is a short sale?
Short-Sales-lifeboat

A short sale is when a bank agrees to accept less than the total amount owed on a mortgage to avoid having to foreclose on the property. This is not a new practice; banks have been doing short sales for years. Only recently, due to the current state of the housing market and economy, has this process become a part of the public consciousness.

To be eligible for a Florida short sale you first have to qualify!

To qualify for a short sale:

  • Your house must be worth less than you owe on it.
  • You must be able to prove that you are the victim of a true financial hardship, such as a decrease in wages, job loss, or medical condition that has altered your ability to make the same income as when the loan was originated. Divorce, estate situations, etc… also qualify. There are some exceptions to hardship now, but for the most part the bank or investor will need to verify some type of hardship.

Now that you have a basic understanding of what a short sale is, there are some huge misconceptions when it comes to a short sale vs. a foreclosure. We take the most common myths surrounding both short sales and foreclosures and give a brief explanation. LET’S BUST SOME MYTHS!!

 

1.) If you let your home go to foreclosure you are done with the situation and you can walk away with a clean slate. The reality is that this couldn’t be any farther from the truth in most situations. You could end up with an IRS tax liability and still owing the bank money. Let me explain. Please keep in mind that if your property does go into foreclosure you may be liable for the difference of what is owed on the property versus what is sells for at auction, in the form of a deficiency balance! Please note this is state specific and in most states you will be liable for the shortfall, but in some states the bank may not always be able to pursue the debt. Check your state law as it varies widely from state to state.

Here is an example of how a deficiency balance works:

If you owe $200,000 on the property and it sells at auction for $150,000, you could be liable for the $50,000 difference if your state law allows it.

Not only could you be liable for the difference to the bank, but in some situations you could also be liable to the IRS! Although there are exemptions (mostly for principal residences) under the Mortgage Debt Forgiveness Act, there are times when you could be taxed on both a short sale and a foreclosure, even in a principal residence situation. Since the tax code on this is a little complicated and I am not a CPA, I advise always talking to a CPA when in this situation as you are weighing your options. Banks and the IRS can go as far as attaching your wages. Not to mention if you let your home go to foreclosure you will have that on your credit, as well.

Guess What? A short sale can alleviate your liability to the bank, in most situations. There are also exceptions to this, but in most cases banks are releasing homeowners from the deficiency balance on a short sale.

Short sale myth #2 coming soon.

**Rodney Forbes is a Realtor® and registered broker with Forbes Realty of South Florida, based in West Palm Beach Florida. Rodney and his team work in Palm Beach, Broward, Martin and St. Lucie Counties. As a recognized expert on short sales, Rodney has been featured on radio and national web conferences for agents. Rodney has also authored the book “Should I Short Sale My Home?”

Forbes Realty of South Florida also specializes in REO asset disposition. Rodney works with several banks and asset managers in the Palm Beach County area. Rodney is the main author for the popular real estate blog South Florida Real Estate Report. You can find a wealth of information regarding bank foreclosures, short sales, real estate news and local real estate trends.

For more information, please call Rodney at 561-337-4810 or email Rodney@ForbesRealtyOnline.com

{ 0 comments }