From the category archives:

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

Rare Singer Island Ocean Front Foreclosure on Market Soon

by Rodney Forbes on January 31, 2010

Thanks for coming back! Hopefully we can help you with whatever information you’d like to have on the site. Please feel free to email me at rodney@forbesrealtyonline.com! Or Call my cell at 561-283-6497″ A very rare find is coming to the Singer Island Florida real estate market soon. A [...]

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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.
‘Pick [...]

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Would YOU Walk Away From Your Home?

New study about what economists are calling, “Strategic Default”. Where homeowners who CAN afford to stay in their homes despite negative equity are choosing not to……
How widespread is this practice? New research* based on a survey of 1,000 homeowners suggests that one in four mortgage defaults are “strategic”—by people [...]

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When Will Home Prices Rebound? (2020..2023…LONGER?)

by Rodney Forbes on August 15, 2009

Great article from USNews.com.
One of the constant topics of discussion in the virtual halls of HREU is…when will prices return to their previous ‘peak’ values of 2006ish. In other words, can someone realistically..’wait it out…wait for prices to return’. Well, the answer is YES…if they want to wait..
10-20 years!
You know where the housing market has [...]

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via southfloridarealestatereport.com
Happy first time home buyers gives a great testimonial for Rodney Forbes of Forbes Realty of South Florida located in West Palm Beach. Call 561-337-4810 to reach Rodney. His specialty is helping homeowners in distress through short sales. He also works closely with first time home buyers.
You can also check out his blog at [...]

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Short Sale Myths and Facts…Part 2

by Rodney Forbes on July 1, 2009

The topic of short sales and foreclosures seem to dominate the headlines everywhere. There has been a lot written about short sales and whether you should or shouldn’t short sale your home if you’re in this situation. This has led to many misconceptions about short selling your home.
This series is about the myths regarding short [...]

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$8000 Home Buyer Tax Credit Explained

by Rodney Forbes on June 30, 2009

I get asked questions every day about the $8,000 First Time Home Buyer Tax Credit. Who qualifies, what’s the income limit, when do I get the money, what can I use it for.
The following article excerpt explains most of the details pretty well.
According to Keystone Custom Homes, first-time buyers need to be aware that the [...]

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Down Payment Assistance Nobody Knows About

by Rodney Forbes on June 29, 2009

With the real estate market in south Florida still trying to recover, so much attention has been given to the $8000 First Time Home Buyer Tax Credit. It certainly has helped with getting many buyers off the fence to take advantage of affordable home prices and low interest rates.
So much attention has been given to [...]

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Short Sale Myths and Facts…Part 1

by Rodney Forbes on June 3, 2009

As real estate values have dropped over the last couple of years, drastically in some places, thousands of home owners have found themselves either upside down on their mortgage, unable to afford their payments, or both.
The topic of short sales and foreclosures seem to dominate the headlines everywhere. There has been a lot written about [...]

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Mortgage Crisis Spreads to “Safe Borrowers”

by Rodney Forbes on June 2, 2009

Until now most people considered the problem with foreclosures and short sales to be limited to certain areas and mostly “sub-prime” loans. With layoffs and bankruptcy in big companies like the auto industry, the mortgage problem is spreading to (up ’till now) safe borrowers.
The mortgage crisis is spreading and hitting new heights: Borrowers with good [...]

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