One of the first indications that the real estate market is in trouble is foreclosure rate - so it’s helpful to maintain a close eye on that. Black Knight Financial Services, which provides technology, data and analytics for lenders and servicers, released its “Mortgage Monitor” for April 2016. ... » Learn More about How does Florida compare well to national foreclosure rates?
Foreclosure
Tampa firm invests by way of an unusual bankruptcy method
Two years ago, a new Tampa company called RE-710 declared bankruptcy to halt foreclosure of nearly 50 homes it had been renting out for 1000's of dollars. The company was so new it didn't have employees, equipment or furniture. It had acquired the majority of the properties just a few days before ... » Learn More about Tampa firm invests by way of an unusual bankruptcy method
Should You Buy a Fixer Upper?
It looks so simple on TV: Locate a fixer upper with "good bones," work with a few telegenic workers, perhaps squabble together with your partner about the interior paint color and presto - the house has doubled in value. The truth, needless to say, is not really so easy. Here are some items to ... » Learn More about Should You Buy a Fixer Upper?
Short Sale or Foreclosure which should I do
So you are considering walking away from your home? You have tried doing a loan modification and got nowhere, or the proposal you received made your payment even higher than before. So you feel that just walking away and leaving the home is your only option now. This may not be the only option left ... » Learn More about Short Sale or Foreclosure which should I do
REO what does it mean
Real Estate Owned or REO is a term used in the United States to describe a class of property owned under the patronage of a lender—typically country management, a bank, country management agency and loan insurer—after an unsuccessful sale at a foreclosure auction. The beneficiary will legally ... » Learn More about REO what does it mean
