From the category archives:

Foreclosure REO Bank Owned Homes for sale in Palm Beach Gardens Florida

This bank owned REO foreclosure home is located at 10291 Trianon Place in Wellington Florida 33449. Home is located in the private and gated community of Versailles. This video shows the great condition this home is in. If you have any questions call Rodney Forbes at 561-337-4810 or email Rodney@ForbesRealtyOnline.com     You can also [...]

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This is a rare opportunity to buy an estate size bank owned foreclosure in the sought after community of Versailles in Wellington FL. Large community is gated, has a large clubhouse area with many amenities. This home is 2 stories with 4 bedrooms and 5 1/2 baths. The 1st floor office has it’s own full [...]

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REO selling agents for Fannie Mae and Freddie Mac have been given the go ahead to restart transactions that had been suspended due to potential problems with the legal paperwork, known as the “Robo-signer” scandal. The GSEs were forced to temporarily halt the sale of certain properties two months ago when news surfaced that some [...]

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October 2010 home sales are down from 2009 for most of the country. Most areas of Florida also saw decreases in home sales. A number of reasons were cited, including the boost in 2009 from the home buyer tax credit, and new stricter mortgage lending guidelines. Interestingly, nationwide 29% of homes sold for cash and 34% [...]

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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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West Palm Beach Realtor Interviewed on WJNO Radio

by Rodney Forbes on October 11, 2010

Rodney WJNO interview Local radio personality Jim Edwards interviews West Palm Beach real estate broker Rodney Forbes about the current real estate market in Florida. Jim and Rodney discuss current issues such as the foreclosure freeze by major banks such as Bank of America and GMAC, unique features at Forbes Realty such as the Hassle [...]

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Rodney Forbes, registered broker with Forbes Realty of South Florida, headquartered in West Palm Beach, has been featured on a national foreclosure/REO teleconference as a leading foreclosure/REO real estate agent in the south Florida market. The conference was sponsored by Tim and Julie Harris of Harris Real Estate University, one of the largest online real [...]

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Rare Singer Island Ocean Front Foreclosure on Market Soon

by Rodney Forbes on January 31, 2010

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, [...]

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