Posts tagged as:

foreclosure alternatives

Short Sale Versus Loan Modification in Jupiter Florida

by Rodney Forbes on September 29, 2012

There is no doubt that many distressed homeowners are contemplating on the options of short sale vs. loan modification. For some, the big issue is that they are unaware if their property will qualify for a short sale or mortgage modification in Jupiter Florida. The main issue is that some homeowners fail to get the […]

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Alternatives to Foreclosure in Jupiter Florida

by Rodney Forbes on September 28, 2012

For homeowners that are in a financial hardship, any substitute for foreclosure is welcome, essentially. However, choosing the suited foreclosure alternative can be challenging. A large number of factors can be influential to a homeowner’s decision in Jupiter Florida: their short term financial circumstance, their long term income prospects, their assets, interest rates, the internal policies […]

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Is there potential for a homeowner with a flawless mortgage payment history to get approved for a short sale? All are aware that short sale, an alternative to foreclosure, in Jupiter Florida, is a practicable opinion among defaulting homeowners. But for the ones who have kept their home loan payments, is there a way for them […]

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Why should I choose a short sale in Jupiter Florida

by Rodney Forbes on September 26, 2012

The short sale process in Jupiter Florida can be a long tedious process, but upon completion, will show its true benefits. Depending  on the state, and whether the short sale was a traditional short sale or the HAFA short sale, a homeowner will be forgiven  the deficiency after the short sale; meaning you will not […]

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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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Is it Finally Time to Buy a Home in West Palm Beach FL?

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 […]

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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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Bank of America to Freeze Foreclosures in all 50 States

by Rodney Forbes on October 11, 2010

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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