by Rodney Forbes on September 22, 2011
West Palm Beach real estate broker Rodney Forbes was interviewed recently by NBC Channel 5 concerning the local real estate market and the national debate over the debt crisis. Rodney, a local expert on bank foreclosure and short sale properties, keeps a close eye on the effect of government policies on the local real estate [...]
by Rodney Forbes on September 22, 2011
So, you’ve finally decided it’s time to sell your Palm Beach County home. Interest rates are at historic lows, inventories of available homes are starting to shrink, short sales and foreclosures don’t seem to be as plentiful as before, and most importantly, buyers are out looking for the right home. What can you do to [...]
by Rodney Forbes on September 9, 2011
The video below gives some good advice on how to get your home sold in tough market. Florida has been one of the most difficult real estate markets for the past several years, but homes are selling. If you’re considering making a move get a real estate professional to help you. Price, condition, location, schools, [...]
by Rodney Forbes on June 29, 2011
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 [...]
by Rodney Forbes on June 2, 2011
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 [...]
by Rodney Forbes on November 30, 2010
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 [...]
by Rodney Forbes on November 29, 2010
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% [...]
by Rodney Forbes on November 24, 2010
Bank foreclosure/REO property inventories are expected to increase in the West Palm Beach Florida area over the next 24 months. By how much nobody knows. However, according to the National Association of Realtors, as many as 4 million foreclosed homes may come on the market nationwide in the next 2 years. A normal year of [...]
by Rodney Forbes on November 15, 2010
Home prices in West Palm Beach Florida have been in a serious decline for several years. How long has it been since average prices were this low? Does it mean the time is finally right to buy a home, whether a foreclosure or short sale? Have we reached the bottom in Florida? The following chart [...]
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 [...]