Tweet By John W. Schoen, Senior Producer | http://bottomline.msnbc.msn.com “Home prices have fallen by a third since 2006, creating tremendous bargains for home buyers. Mortgage rates are at rock-bottom lows, making houses more affordable than they have been in decades. Yet home sales last year fell to the lowest levels since the government began keeping records [...]
Entries Tagged as 'Short Sales'
Tight-fisted mortgage lenders pressure home sales
January 28th, 2012 · No Comments · Commercial Loans, Foreclosure, loan modification, News, Real Estate Law, Short Sales, Uncategorized
Tags:attorney jon coats·financial system imploded·florida home legal help·Florida real estate lawyers·grip on mortgage money·homeowners modify mortgages fl·jon coats law blog·jon coats real estate law fl·making houses more affordable·mortgage applications require full documentatio·mortgage bankers·mortgage lenders pressure home sales·mortgage market collapsed·mortgage-backed bonds·percent of mortgage applications·pinellas park real estate attorney·real estate legal help florida·real estate legal help pinellas park fl·residential real estate lawyer pinellas·Tight-fisted mortgage lenders pressure home sales
5 nasty surprises that can stop your home purchase cold
December 5th, 2011 · No Comments · loan modification, News, Short Sales, Uncategorized
Tweet By Marilyn Lewis of MSN Real Estate: “When a seller wants to sell a home and finds a buyer who wants to buy it, you’d think they’d have a deal. What could go wrong? These days, plenty. In this tough financial climate, there are both longstanding pitfalls and a crop of new ones. At best, these can [...]
Tags:5 nasty surprises that can stop your home purchase cold·attorney jon coats·client short sales Pinellas County·Commercial loan attorney·Florida real estate lawyers·foreclosures and short sales attorney florida·foreclosures and short sales lawyer tampa·foreclosures and short sales pinellas park florida·jon coats law·jon coats law blog·jon coats real estate law fl·legal help for foreclosed homes·litigator pinellas park florida·residential real estate lawyer pinellas·the latest appraisal rules·www.JonCoatsLaw.com
Almost half of Bay Area homes are under water
November 29th, 2011 · No Comments · Foreclosure, News, Short Sales, Uncategorized
Tweet By Times Staff | tampabay.com “Nearly half of all Tampa Bay homes with a mortgage were under water at the end of September. A mortgage is underwater when a homeowner owes more than the house is worth. The condition, also known as negative equity, afflicted 47 percent of residential mortgages locally, or 311,511 homes, [...]
Tags:Almost half of Bay Area homes are under water·attorney jon coats·CoreLogic·Florida real estate lawyers·homeowner owes more than the house is worth·homeowners modify mortgages fl·jon coats law·jon coats law blog·jon coats real estate law fl·mortgage held negative equity·mortgage is underwater when a homeowner owes more than the house is worth·pinellas park real estate attorney·real estate lawyer pinellas park fl·real estate legal help pinellas park fl·residential mortgages·residential mortgages attorney·residential mortgages attorney pinellas·residential mortgages in pinellas·residential mortgages law pinellas park fl·residential mortgages lawyer pinellas park fl·Tampa Bay homes with a mortgage·www.JonCoatsLaw.com
Untangling Florida’s foreclosure crisis
November 29th, 2011 · 2 Comments · Foreclosure, loan modification, News, Real Estate Law, Short Sales, Uncategorized
Tweet http://www.tampabay.com | “Florida’s foreclosure crisis seems like a never-ending nightmare. Mortgages are caught up in MERS, an electronic database that most homeowners never heard of until the foreclosure crisis. Homeowners in foreclosure are worried that robo signing by lenders’ employees may have led to mortgage fraud. The mortgage process itself is under scrutiny [...]
Tags:Florida's foreclosure crisis·Florida's foreclosure crisis help·foreclosure crisis·foreclosure crisis in pinellas park fl·foreclosure crisis lawyer·help for Homeowners in foreclosure in pinellas·help for Homeowners in foreclosure in tampa·home loans in pinellas park florida·Homeowners in foreclosure pinellas·jon coats law·jon coats real estate law pinellas·MERS help pinellas fl·mortgage fraud attorney pinellas park fl·mortgage fraud help in pinellas·mortgage fraud lawyer·real estate attorney pinellas·real estate lawyer pinellas county fl·Untangling Florida's foreclosure crisis
Banks Refusing To Take Back Foreclosed Properties
May 31st, 2011 · No Comments · Foreclosure, News, Short Sales, Uncategorized
Tweet by MHARI SAITO (npr.org) “Let’s say you’re one of the millions of Americans facing foreclosure. You made mistakes, borrowed more than you should have — or maybe you lost your job — and now have to walk away from your house. In some parts of the country, simply walking away isn’t so simple — especially [...]
Tags:Banks Refusing To Take Back Foreclosed Properties·facing foreclosure pinellas park fl·foreclosure attorney·foreclosures on rental·foreclosures on rental property·local law firms pinellas·millions of Americans facing foreclosure·online foreclosure sales·rental foreclosures·Rick Sharga of RealtyTrac·short sale rental properties
State foreclosure mediation program sputters
May 4th, 2011 · No Comments · Commercial Loans, Foreclosure, Litigation, loan modification, News, Real Estate Law, Short Sales, Uncategorized
Tweet By Mark Puente, Times Staff Writer “A mediation program ordered by the Florida Supreme Court to prevent foreclosures has helped only 2,162 homeowners keep their homes. That’s just 3.7 percent of 57,909 foreclosure cases sent to mediation statewide between March and November 2010. Pinellas and Pasco counties recorded 143 settlements between lenders and borrowers, [...]
Tags:attorney jon coats·Commercial loan attorney·Florida Attorney Jon Coats·Florida real estate lawyers·foreclosure mediation·foreclosure mediation settlement pinellas·foreclosure process·jon coats law·jon coats law blog·litigator pinellas park florida·mortgage foreclosure crisis·mortgage help pinellas park fl·pinellas park real estate attorney·Questions about hiring a lawyer to represent you in you short sale. Give me a call at 727-456-4462·real estate attorney pinellas park fl·save your home pinellas park fl·State foreclosure mediation program sputters·www.JonCoatsLaw.com
Underwater mortgages rise as home prices fall
March 14th, 2011 · No Comments · Foreclosure, loan modification, Real Estate Law, Short Sales
Tweet By The Associated Press “WASHINGTON — The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market. CoreLogic says about 11.1 million households, or 23.1 percent of all mortgaged homes, were [...]
Tags:attorney jon coats·fallen into foreclosure pinellas park·foreclosures·homeowners modify mortgages fl·jon coats law·jon coats law blog·jon coats real estate law fl·litigator pinellas park florida·mortgage legal help pinellas fl·mortgaged homes pinellas park fl·Questions about hiring a lawyer to represent you in you short sale. Give me a call at 727-456-4462·residential real estate lawyer pinellas·save your home pinellas park fl·underwater mortgages·underwater mortgages pinellas fl·Underwater mortgages rise as home prices fall·www.JonCoatsLaw.com
