The HomePath Mortgage Program offers buyers a mortgage opportunity with incentives. HomePath Financing applies to both single family homes and condominiums that have been repossessed by Fannie Mae. This program is intended to help clear the thousands of FNMA foreclosed properties
The real estate market heated up during the last 30 days. Six homes were closed in Forest Ridge while 6 remain in Pending Status. 2811 Morning Glory Circle, Old Orchard, List Price $479,900 Sold Price $470,000 Days on Market: 1 5
There are five major factors that are significantly affecting the real estate market. The first is UNEMPLOYMENT. There are 12.5 million people on unemployment according the Bureau of Labor Statistics. There are 8 – 10 million who have fallen off the
The Tax Credit for homebuyers expires April 30th, 2010. But, it’s not over for everyone. If you are a member of the Armed Forces, Intelligence or U.S. Foreign Service and you have been outside the United States on an official
Have we reached our real estate day of reckoning or is Armagedon upon us? Experts all over the country have posted different views about this subject. As specialist in real estate sales in Forest Ridge my job is to analyze
It has been recently reported that a new “scam” is taking place in Broward County involving unoccupied homes that are REO’s (bank owned) or Short Sales. A group of people have found a loophole in the system and they are
A recent study by Amherst Securities stated that homes where the homeowner is at least 90 days in arrears on his mortgage payment has less than a 1% chance of catching up. 99% of these homes end up in foreclosure or
Buyers today have all the power and they know it. Anything that is not out of the ordinary just doesn’t cut the mustard. They spend their money more judiciously and are only attracted to properties that offer value and
In the past two weeks I listed 2 properties, both were priced below market value. In one instance I received an offer that was $11,000.00 higher than the list price within the first week. On the other listing I received
Short Sale, Under Contract $189,900. Back – up offers considered. 2 bedrooms/2 baths, partially fenced lot. Perfect home for small families or empty nesters. Extra large living room with built in bar, overhead window, sliding doors leading to patio. Dining
