by Rodney Forbes on January 30, 2010
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 [...]
by Rodney Forbes on September 20, 2009
The 3rd video in our series of short sale myths and facts answers on of the most often asked questions about short sales. Do banks really accept these short sale offers? The short answer is yes. Just make sure that you have an experienced short sale realtor working with you, no matter whether you’re a [...]
by Rodney Forbes on August 31, 2009
Breaking News: Case/ Shiller Housing Index Shows Second Month In A Row Of INCREASE IN SALES! We have been seeing continued reports of the strengthening of the national real estate market. Certainly in Palm Beach County Florida, one of the first and hardest hit areas in the country, the numbers have continued to move positive. [...]
by Rodney Forbes on August 25, 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 [...]
by Rodney Forbes on August 25, 2009
With all the rain we’ve had in south Florida over the last week (I can’t believe it either) I’m reminded of the movie “The Perfect Storm” with George Clooney. Once every 20 or 30 years a series of weather events combine to create “the perfect storm”. You know the movie. Unfortunately, this perfect storm didn’t [...]
by Rodney Forbes on July 6, 2009
Acouple of months ago I wrote an article that featured an interview with financial analyst and TV personality Jim Cramer. In the interview Jim firmly believed Florida to be recovering from the housing crisis, and could be one of the best places to buy real estate. At the time I think I was the only [...]
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 [...]
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 [...]
by Rodney Forbes on June 1, 2009
Just when you thought it was difficult enough to deal with falling real estate property values for the last couple of years, now the local governments are having to figure what to do about the fall in tax revenues from property taxes. Palm Beach County’s property values plummeted about 13.5 percent this year, creating a [...]
by Rodney Forbes on May 6, 2009
This video presents the worst case scenario for homeowners in distress. They fall behind on payments and become victims of “foreclosure rescue” rip off artists. Hopefully things will work out alright for this couple. It stands as a lesson for others in the same situation. If you or someone you know is in this situation, [...]
