The Orlando Business Journal reported that Lennar Homes LLC, Mattamy Homes Corp., and David Weekley Homes LLC spent a combined total of over $20 million on home lots in the Orange County area. All three builders are local to Central Florida.
Laurie Goodman is a housing analyst with 28-years of experience in studying mortgage-backed securities for big investment banks. She spoke to CNN's Money Magazine on the idea of housing bailouts and the necessity for banks to be open to working with borrowers to stave off foreclosures.
Florida may be the envy of every other state in terms of weather, but it can be pretty rough on your home. It’s important to be diligent in checking things over from time to time, as just a few minutes of cleaning and maintenance can forestall some major problems. Not to mention save you a ton of money while ensuring the value of your home.
Post discussing options for luxury real estate owners utilizing short sales or strategic default.
Why are some analysts saying that 2012 is the year of the short sale? A overwhelming number of upcoming foreclosure filings, level-headed and realistic homeowners, and forecasts of further decline in home value add up to homeowners making a business decision to short sale their home.
You might be writing a hardship letter for any variety of reasons: loan modification, short sale, or several others. This particular article relates to writing a short sale hardship letter, but most of the hardship letter guidelines and certainly the hardship letter sample is useful for almost any type of hardship letter.
According to an article in New York Times, mortgage lenders are offering cash incentives to homeowners willing to short sale. Shed the high payment of an upside down mortgage and get paid to do it!
I just saved my client $653,898. Can your stock broker say that? Has your financial advisor ever been able to improve your bottom line by that much in two months? Shed your toxic assets to bolster your net worth in these tough economic times.
The Federal Housing Finance Agency's HARP program was detailed on October 24th 2011 and promises to help homeowners who's mortgages are underwater due to the current economic climate. President Obama is hoping this will help the homeowners avoid foreclosure and help stabilize the economy.