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palm beach gardens short sales

Short Sale Myths and Facts…Part 2

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 […]

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Another Boost to Florida Real Estate

by Rodney Forbes on June 30, 2009

Starting July 1st, qualified first time home buyers will be able to use the federal tax credit of up to $8000 as part of their up front costs for buying a home. Until now the tax credit could only be received after the buyers had closed on the home, and then filed their taxes. This […]

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Down Payment Assistance Nobody Knows About

by Rodney Forbes on June 29, 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 […]

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Short Sale Myths and Facts…Part 1

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 […]

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Mortgage Crisis Spreads to “Safe Borrowers”

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 […]

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Falling Property Values Could Mean Tax Hikes

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 […]

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First Time Home Buyer Tips

by Rodney Forbes on May 30, 2009

With all the talk of first time home buyers, tax credits, low interest rates, low home prices, etc., many people are asking if it’s time for them to make the move and finally buy. With uncertainty in the economy and housing market, it’s smart to ask some important questions as to whether it’s really time […]

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First Time Buyers….Read This!

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 […]

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Banks getting the short sale message finally!

by Rodney Forbes on May 22, 2009

  The following excerpt from an article in the Press-Enterprise is welcome news for people who have been trying to facilitate short sale transactions. Whether it’s the buy, seller or Realtors involved, short sales have a bad reputation when it comes to getting the sale complete. I guess the banks are finally stating to realize […]

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Pending Home Sales Continue to Increase

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 […]

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