From the category archives:

Bank Mortgage Financing in Palm Beach Gardens Florida

Wal-Mart Floor Employees are Foreclosure Law Firm “Experts”?

by Rodney Forbes on October 13, 2010

Just when you thought the Florida foreclosure mess couldn’t take one more turn into the Twilight Zone, new information is released about the so called “robosigners” used by one of the largest foreclosures law firms in Florida. In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage servicing [...]

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Bank of America Foreclosure Mess: The Death of Housing?

by Rodney Forbes on October 13, 2010

Bank of America and other lenders are under attack again for the foreclosure mess that has brought about a freeze on thousands of foreclosure cases around the country. Since all crises with suspected fraud or wrongdoing have to have a name with “gate” on the end of it, we’ll officially name this as “Robo-signer-gate” (you [...]

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Bank of America Foreclosure Mess: Fraud or Sloppy Paperwork? Does it Matter?

by Rodney Forbes on October 12, 2010

The uproar over the foreclosure freeze with Bank of America, GMAC and others has turned into a political hot potato. As some politicians are looking for more opportunity to bash banks and their mortgage processes, it seems important to find out what the foreclosure paperwork mess is all about. As the video above shows, many [...]

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Bank of America to Freeze Foreclosures in all 50 States

by Rodney Forbes on October 11, 2010

Following the announcement that Bank of America would join other major lenders in freezing foreclosure proceedings in certain states, including Florida, Bank of America now has decided to expand the freeze to all 50 states. BofA is using this time to review foreclosure documents on thousands of cases that have recently come under criticism of [...]

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Beware of Mortgage Rate Hike Early Next Year

by Rodney Forbes on December 17, 2009

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 [...]

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Banks Finally Making Progress with Short Sales

by Rodney Forbes on December 8, 2009

If 2009 will be known as the year of the bank merger, 2010 may well be known as the year of the short sale. Now that banks are emerging from the rubble of the real estate and banking meltdown, they’re finally starting to get serious about getting rid of their foreclosures and approving short sales. [...]

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Help for West Palm Beach Homeowners in Distress

by Rodney Forbes on December 7, 2009

The following video from Diana Olick at CNBC’s Realty Check has some positive news for Palm Beach County homeowners in distress. 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 [...]

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Another Boost to Florida Real Estate

by Rodney Forbes on June 30, 2009

Starting July 1st, qualified first time home buyers will be able to use the federal tax credit of up to $8000 as part of their up front costs for buying a home. Until now the tax credit could only be received after the buyers had closed on the home, and then filed their taxes. This [...]

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First Time Home Buyer Tips

by Rodney Forbes on May 30, 2009

With all the talk of first time home buyers, tax credits, low interest rates, low home prices, etc., many people are asking if it’s time for them to make the move and finally buy. With uncertainty in the economy and housing market, it’s smart to ask some important questions as to whether it’s really time [...]

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First Time Buyers….Read This!

by Rodney Forbes on May 30, 2009

If you’re a first time home buyer you need to read this. I’ve been predicting for some time now the federal government would allow the First Time Home Buyer Tax Credit to be applied for up front costs. The Federal Housing Administration rolled out details of its policy Friday that will let first-time home buyers [...]

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