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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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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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Here is a great video testimonial for Rodney Forbes and Forbes Realty of South Florida from a very happy short sale client. 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 [...]
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In Palm Beach County Florida short sales now make up about 30-40% of pending sales. Although we hear of people having to do home short sales every day, not too many people know the potential tax consequences of the process. The tax relief available for short sales can be equally confusing. The important thing to [...]
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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 [...]
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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 [...]
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