Foreclosures vs. Short Sales – Lenders and Title Insurance For the past week we heard that banks such as JP Morgan Chase, Bank of America – now all 50 states, and GMAC suspended foreclosures in over 20 states including Florida. Florida Judges halting foreclosures, primarily due to fraudulent and improper… Read more »
Lakeland FL Real Estate – Foreclosure and Short Sale Home Prices for August 2010
Lakeland Florida Short Sale and Foreclosure Home Prices – August 2010 For the month of August, the Lakeland real estate market of short sales and bank-owned (REO) properties market share decreased to 57.75% from the previous month. There were a total of 108 properties sold, compared to 102 in July and 75… Read more »
Buying a Lakeland FL Short Sale – Why Wait To Do An Inspection?
Why Wait To Do an Inspection on a Lakeland FL Short Sale? When buying a Lakeland FL Short Sale, time and patience is key to a successful short sale transaction. Home Inspections are generally carried out after the seller accepts the buyer’s offer during a traditional sale and bank owned… Read more »
Lakeland FL Real Estate Update – Short Sale and Foreclosure Market Report July 2010
Lakeland Florida Short Sale and Foreclosure Market Report – July 2010 For the month of July, the Lakeland real estate market of short sales and bank-owned (REO) properties increased its market share from 54% the previous month to 60%. There were a total of 102 properties sold, compared to 117 in… Read more »
Mortgage Payments during Short Sale…. should you or shouldn’t you?
The phone rings a desperate voice asking me what should I do? Should I make my mortgage payment or should I stop making my mortgage payment? This is one of the most toughest question a client or a consumer can ask me and this question comes up every time when… Read more »
Contemplating Strategic Default vs. Strategic Short Sale in Lakeland Florida?
Are you thinking about walking away because the math don’t add up anymore – Contemplating Strategic Default vs. Strategic Short Sale in Lakeland, Florida? During the housing boom the lender thought it was a great business decision to provide you with a loan based on your financial situation and the… Read more »
Lakeland FL Short Sale and Foreclosure Housing Report – June 2010
Lakeland Florida Short Sale and Foreclosure Market Report – June 2010 For the month of June, the Lakeland real estate market of short sales and bank-owned (REO) properties had a market share of 54%. There were a total of 117 properties sold in May, compared to 127 in May and 61 distressed… Read more »
Lakeland FL Real Estate – Short Sale – Reduced Price – 5920 Buck Run Dr.
Reduced Lakeland FL Short Sale – 5920 Buck Run Drive – Deer Brooke Community – Southwest Lakeland There are about 500 homes situated throughout the Deer Brooke neighborhood located in Southwest Lakeland. It has a rural atmosphere with its tree lined scenery. These homes were developed from the mid 1980’s… Read more »
4209 Arietta Lane Lakeland FL – Another Lakeland Florida Short Sale “Sold”
It was a long process and SunTrust took a very long time to approve this Lakeland Florida short sale in the Village at Lake Highlands. In fact, it took SunTrust nine month to approve the short sale on the first mortgage and a HELO. The buyer stuck with it throughout this whole process, knowing that… Read more »
Just Sold – Short Sale in Carillon Lakes – Lakeland FL
Hiring an experienced Realtor when buying a Lakeland Short Sale is essential. I represented the buyers for a home in Carillon Lakes in Lakeland, Florida that was listed as a short sale and my buyer did not walk away – a successful short sale transaction from start to finish. Showing… Read more »
Lakeland FL Short Sale and Foreclosure Market Report – March 2010
For the month of March, Lakeland real estate market of short sales and bank-owned (REO) properties had a market share of 54%. There were a total of 126 properties sold in March, compared to 86 in February and 68 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional… Read more »
Fix Up Distressed Lakeland Real Estate with a FHA 203K Streamline Mortgage
Consider a Lakeland FHA 203K Streamline mortgage to provide funds to fix up bank-owned, REO, foreclosed, and short sale properties. Read more »