From the category archives:
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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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 [...]
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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 [...]
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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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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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Here is the latest news from the Treasury Department regarding streamlined procedures for homeowners in distress, whether it be a loan modification or a short sale. Separately on Monday, Treasury and the Department of Housing and Urban Development (HUD) kicked off a program intended to help convert as many of the 375,000 borrowers who have [...]
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This is the second video in the Short Sale Myths and Facts series. We will continue to uncover the facts with regards to short sales. Rodney Forbes, broker for Forbes Realty of South Florida, and Certified Short Sale Specialist, works almost exclusively with short sale in the Palm Beach County area, particularly in Palm Beach [...]
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This video is the first part in a series regarding real estate short sales. There have been many misconceptions or “myths” about what can and can’t be done concerning short sales. Rodney Forbes, broker for Forbes Realty of South Florida, and Certified Short Sale Specialist, works almost exclusively with short sale in the Palm Beach [...]
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