Trouble paying the house payment suddenly forces stressed-out property owners into the “rabbit’s hole” fraught with tricks, traps & debt collectors who legally can chase you for up to 20 years! Recently, a New Jersey real estate agent asked why in the world we real estate agents even accept short sale listings. Simple question. Not [...]
Sarasota foreclosure prevention forces some distressed borrowers to pay Wachovia (and many other “debt owners”) money outside of closing, challenging violation of the Real Estate Settlement Procedures Act (RESPA). Are banks breaking RESPA laws in order to grab as much money from distressed property owners as they can? I don’t know; I’m not an attorney. [...]
Sarasota homes for sale battle National Association of Realtors’ “happy-talk” and “shadow inventory” as Sarasota real estate market searches for firm ground. What’s “shadow inventory,” you ask? What does it mean for our Sarasota Real Estate market? That’s the point of today’s discussion: how shadow inventory…commercial real estate meltdown…and ALT-A & ARM mortgage defaults signal [...]
Sarasota homes for sale suggest “love-hate” relationship with investors & first-time buyers, reveals this month’s Realtors’ Confidence Index (RCI). It’s no secret, 1st time homebuyers and real estate investors are driving the housing recovery. Any housing recovery requires these 3 essential ingredients. The question of HOW MUCH of each ingredient can the market sustain remains [...]
Sarasota homes for sale force home buyers to face a rare stumbling block before they commit to buying into a neighborhood. Before Photo: B-A-D “curb appeal” NEGATIVELY this property’s AND all neighboring home owners’ property value! Grass in Florida is GREEN, not brown and dead…. Is it really a good time to buy a home [...]