From the category archives:

Bank Mortgage Financing in Palm Beach Gardens Florida

Rodney Forbes with Forbes Realty of South Florida in West Palm Beach has some great news for homebuyers. Read below courtesy of Associated Press: Average long-term U.S. mortgage rates slid this week to their lowest level since February 2015, luring prospective purchasers during the spring home-buying season. Mortgage buyer Freddie Mac said Thursday the average […]

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For both buyers and sellers, the steps to a short sale may seem blurry and complicated. Buyers may get discouraged with the long short sale approval process, while sellers may find that their lack of knowledge surrounding real estate short sales stressful and concerning as they ponder the financial and legal consequences of the process. […]

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While the short sale process is known for its lengthy timing and paperwork, but it is also known for assisting homeowners dodging foreclosure. Homeowners will generally ask if they can do their own short sale or if they have to do the short sale alone. The answer is that yes, you can do your own […]

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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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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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