by Rodney Forbes on August 15, 2009
Would YOU Walk Away From Your Home? New study about what economists are calling, “Strategic Default”. Where homeowners who CAN afford to stay in their homes despite negative equity are choosing not to…… How widespread is this practice? New research* based on a survey of 1,000 homeowners suggests that one in four mortgage defaults are [...]
by Rodney Forbes on July 1, 2009
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 [...]
by Rodney Forbes on June 3, 2009
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 [...]
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 30, 2009
If you’re a first time home buyer you need to read this. I’ve been predicting for some time now the federal government would allow the First Time Home Buyer Tax Credit to be applied for up front costs. The Federal Housing Administration rolled out details of its policy Friday that will let first-time home buyers [...]
by Rodney Forbes on May 21, 2009
This video from the National Association of Realtors highlights the continuing increase in pending sales for the US. In the real estate industry this index is seen as a leading index of the market to come WARNING: Videos with economists are not full of special effects and sexual content! But they are informative. Just get [...]
by Rodney Forbes on May 15, 2009
In a story that continues to go back and forth, it seems first time home buyers will be able to use the $8,000 federal tax credit for up front costs including down payment. Until now the tax credit could only be claimed when filing taxes. The tax credit has been partially responsible for a rise [...]
by Rodney Forbes on May 8, 2009
The popular First Time Home Buyer Tax Credit of 2009 has a slightly interesting twist that most people don’t know about. Even though the credit is for homes purchased by December 1, 2009, the tax credit can be claimed on your 2008 tax return! This is a great incentive for those still sitting on the [...]
by Rodney Forbes on May 7, 2009
Good video about the benefits of using home staging to get a home sold faster. You can either hire the professional home stager or read up on home staging tips if you want to do it yourself. If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm [...]
by Rodney Forbes on May 7, 2009
This is another great testimonial for Rodney and Toni Forbes and the team at Forbes Realty of South Florida. Ron Wilkes, a retired business owner from Boston, wanted to find the perfect home in south east Florida. Working with Rodney and Toni, he finally found the perfect home that fit his lifestyle and budget. Ron [...]
