Thanks for coming to my site! If you know anyone in need of help because of this economy, I'm committed to being a resource for Palm Beach County, and the Hope For Homeowners. Have them call my cell at 561-283-6497! Best Wishes
Another affordable short sale is available in the West Palm Beach area from Forbes Realty of South Florida. This 3 bedroom 2 bath townhome is perfect for a first time home buyer or investor.
Located in a quiet community in West Palm Beach, this townhome has a private fenced patio. This short sale is being marketed by an experienced short sale team.
If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties. You can also call 561-337-4810.
If you’ve been waiting for the right short sale home to come on the market, this is it. Located in the SunTerra subdivision in West Palm Beach, this home is beautiful in every way.
Not only is this the lowest priced home in the subdivision, it could possibly be the most upgraded inside. Granite counter tops and stainless steel appliances are in the kitchen. Premium fixtures are everywhere, including ceiling fans.
The flooring includes large ceramic tile, berber carpet and wood flooring. The home has two separate living and dining areas, as well as a breakfast bar in the kitchen. The covered patio overlooks a private back yard and is perfect for entertaining.
The team marketing this home are very experienced in working with short sales. Click here for more information on the home. You can also call Rodney Forbes directly at 561-337-4810.
If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties. You can also call 561-337-4810.
A very rare find is coming to the Singer Island Florida real estate market soon. A large 3 bedroom 3 bath oceanfront condo will be available for sale in a few weeks. Bank owned foreclosures are common in Florida, but rarely does an oceanfront gem like this go to foreclosure.
With over 2,000 square feet, this property is located in the prestigious quiet north end of Singer Island. There are 3 balconies, including a private balcony attached to the master bedroom.
Because it’s bank owned, this home will probably be the lowest priced 3 bedroom oceanfront condo to come on the market in a long time. It will sell very quickly, so if you’d like to know when the property is available for sale, please contact real estate broker Rodney Forbes at 561-337-4810.
Although no price has been set as of yet, it probably will go on the market in the low $400’s, up to 50% less than comparable units in the area. You can be the first to be notified by contacting Rodney at Forbes Realty of South Florida. Contact information is listed below.
If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties. You can also call 561-337-4810.
Over the last decade several states, including Florida, have been the center of the real estate boom…and bust. Short sales and bank owned foreclosures dominate the news in south Florida real estate. How did we get here? Where are we going from here?
In this video clip from The Daily Show, Harvard law professor Elizabeth Warren gives her explanation.
No matter what you think of the real estate market in Florida over the next decade one thing is certain. The sun will always be shining, the water will always be blue, and people will continue to move to Florida.
If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties. You can also call 561-337-4810.
Just when you thought the real estate market in the West Palm Beach area has turned the corner the FHA sets new tougher loan guidelines for borrowers. With the First Time Home Buyer Program set to expire this year and interest rates sure to increase in the future, the time to buy is now if you’re looking.
1) New MUCH tighter FHA Lending Standards. The FHA has become the lender of last resort over the last few years…and now, they are going to start turning down more borrowers.
2) FHA trying to fight rising mortgage defaults.
3) Premium to 2.5%. Meaning, more money down from the borrower….unless the get the seller to contribute to their closing costs…
4) The seller can only contribute 3% of the sales price to the buyers closing costs…vs 6%.
5) Downpayment requirements…3.5% with 580 FICO and above
6) Less than a 580 credit score? 10% down. However, when you watch this CNBC video you will hear directly from the FHA commissioner on the fact that very few borrowers with low scores will get a FHA loan.
If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties. You can also call 561-337-4810.
Here is a great video testimonial for Rodney Forbes and Forbes Realty of South Florida from a very happy short sale client.
If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties. You can also call 561-337-4810.
Rodney Forbes is a licensed Realtor®, certified short sale/REO specialist and broker for Forbes Realty of South Florida Inc. Rodney has been interviewed by CNBC for his expertise in short sales and has co-authored the book “Should I Short Sale My Home?”. Get your FREE copy at www.SouthFloridaRealEstateReport.com
One of our family’s most enjoyable holiday traditions is to drive around town and look for decorated homes and neighborhoods. One of the best anywhere is the Jupiter Heights subdivision in Jupiter Florida.
It can take you an hour or two just to drive through this neighborhood and see all the decorated homes. So take some coffee, sweets and your favorite Christmas music and enjoy the decorated homes in this area.
Below is a map of the neighborhood. Take I-95 north. Exit Donald Ross Blvd. east in Jupiter. Take the first left (Heights Blvd) and drive until you start seeing the displays.
If there are any other great holiday lights displays in the area, please list them in the comments section for others to find.
If you’ve been thinking of taking advantage of low real real estate prices, Home Buyer Tax Credits and low mortgage rates, you may want to make a move. Lock in low 30 year mortgage rates while you can. The following excerpt from The Mortgage Reports indicates mortgage rates may be ready to rise soon.
Since March, the Fed has used its statements to say that the economy is growing, but remains threatened by job loss and lack of consumer spending. This is a major reasons why mortgage rates are still so low. Growth has been tempered by dour attitudes and the Fed knows it.
But then last month happened.
Net job gains were nearly positive and much better-than-expected
Retail Sales for November posted much higher-than-expected
Consumer Confidence numbers rebounded strongly
The Fed’s chosen “3 main threats to growth”, it seems, are now showing signs of rebirth. Rate shoppers should hope the Fed glosses over these facts because if its makes mention of the points in its press release, mortgage rates will jump.
Even if the Fed Funds Rate is unchanged.
Since 2000, the spread between the Fed Funds Rate and the 30-year fixed rate mortgage has been as narrow as 1 percent and as wide as 5 percent. In 1973-74 and again in 1980-81, the spread actually went negative; mortgage rates were below the FFR.
So, all of this to say: Don’t expect mortgage rates to remain unchanged just because the Fed Funds Rate is unchanged. The two don’t move in tandem. Rather, mortgage rates react to the Fed’s words and that’s why the Fed’s post-meeting press release is so important.
If the Fed shows optimism for the economy in its statement, mortgage rates will rise. If the Fed shows pessimism, mortgage rates will fall. Either way, be on alert.
If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties. You can also call 561-337-4810.
It’s ironic that this past week has been filled with news of who Tiger Woods did or didn’t sleep with over the last few years. Tiger has been called the ultimate role model by many. With women coming forward one after the other with news of secret relationships with Tiger, the passing of one of the most influential people of modern American history almost went unnoticed.
Jim Rohn, my personal business mentor, and to tens of thousands of others, quietly passed away this past week. Mr. Rohn has been called one of the most important business philosophers of our age, a modern day Will Rogers. The people who have been influenced by the teachings of Mr. Rohn include Anthony Robbins, Mark Victor Hansen, Harvey McKay Les Brown, Dennis Waitley and many, many more.
Over the past half century Jim has lectured all over the world to millions of people about personal development, goals, financial independence, faith and family. My first introduction to his teachings was a cassette series called “The Challenge to Succeed”. It has been the blueprint of my life for the past decade and I owe everything I have become to the lessons from that first course.
If you’ve never heard of Jim Rohn I encourage you to visit the Jim Rohn Tribute page.
Nothing says modern Christmas music quite like the sound of Mannheim Steamroller. The group is going to be in West Palm Beach at the Kravis Center on Saturday December 12th for it’s Christmas Tour.
Get into the holiday spirit by going to see this awesome group. Click here for more information on tickets.
Another affordable short sale is available in the West Palm Beach area from Forbes Realty of South Florida. This 3 bedroom 2 bath townhome is perfect for a first time home buyer or investor.
Nothing says modern Christmas music quite like the sound of Mannheim Steamroller. The group is going to be in West Palm Beach at the Kravis Center on Saturday December 12th for it’s Christmas Tour.
