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Entries Tagged as 'client short sales Pinellas County'

Bankruptcy And Your Home

March 12th, 2011 · No Comments · loan modification, Real Estate Law

Tweet News article from MSNBC.com: For some struggling homeowners, desperate step could stop a foreclosure By John W. Schoen “By the time the foreclosure notice arrives, most struggling homeowners figure they are out of options. But there is one more step, often overlooked but sometimes effective: bankruptcy. It’s not a move to be taken lightly. [...]

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Are Foreclosures A Good Bargain?

March 8th, 2011 · No Comments · Foreclosure, Uncategorized

Tweet In Arizona market crushed by home losses, ads tout advantages of new construction, risks of bank-owned properties By BOB CHRISTIE “PHOENIX — Homebuilders trying to fight off customers’ attraction to cheap foreclosures are doing more to show buyers that the good deals can come with pitfalls. The companies are increasingly trying to woo buyers like [...]

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Spring: Good Time To Buy A House?

March 7th, 2011 · No Comments · Foreclosure, News, Short Sales, Uncategorized

Tweet Visit msnbc.com for breaking news, world news, and news about the economy

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Slash mortgage deductions for the rich? Fat chance

February 15th, 2011 · No Comments · News, Real Estate Law, Uncategorized

Tweet By Tami Luhby “NEW YORK (CNNMoney) — President Obama’s plan to limit two popular deductions for wealthy taxpayers will hit a wall of resistance from entrenched special interests. The president once again proposed in his budget to curtail high-income earners’ tax deduction for mortgage interest payments and charitable contributions. Under his proposal, taxpayers in [...]

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Banks foreclose on rental property owners

January 13th, 2011 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized

Tweet by Cara Restelli, KY3 News SPRINGFIELD, Mo. — Imagine never being late or missing a payment, but still losing your home to foreclosure.  It’s happening across the nation to owners of rental properties. An owner of multiple rental properties can’t typically get a traditional loan, so he’ll get a one-, three- or five-year note [...]

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10 resourceful real estate tips for 2011

December 30th, 2010 · 1 Comment · Real Estate Law, Uncategorized

Tweet “Must we endure yet another year of housing crisis? What choice do we have? No amount of optimistic projections and statistical manipulation can remedy this protracted housing pain. Historically speaking, five to seven years has been a standard interval for house prices to stabilize following serious corrections. By that measure,the worst should be behind [...]

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November New-home Sales Up 5.5% To 290,000

December 24th, 2010 · No Comments · Commercial Loans, Foreclosure, News, Real Estate Law, Uncategorized

Tweet By Steve Goldstein “WASHINGTON — Sales of new single-family homes climbed 5.5% in November, a government report said Thursday, as the housing market continues to show stability at weak levels. The Commerce Department said new-home sales rose to a seasonally-adjusted annual rate of 290,000, from a downwardly revised 275,000 in October.” Read more: http://www.foxbusiness.com/markets/2010/12/23/november-new-home-sales/#ixzz18xjbkVce

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Mortgage Rates Ease In Latest Week: Freddie Mac

December 23rd, 2010 · No Comments · Foreclosure, loan modification, News, Real Estate Law

Tweet By Michelle Donley “BOSTON — The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 4.81% this week, down from last week’s 4.83% and the year-ago 5.05%, according to Freddie Mac’s weekly survey released Thursday. The 15-year fixed-rate loan averaged 4.15%, down from the week-ago 4.17% and the year-ago 4.45%. The five-year Treasury-indexed [...]

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Fewer homeowners ‘underwater’ in summer

December 15th, 2010 · No Comments · Uncategorized

Tweet Decline came mainly because more homes had fallen into foreclosure By JANNA HERRON “NEW YORK — The number of U.S. homeowners who owe more than their houses are worth fell for the third straight quarter this summer.About 10.8 million households, or 22.5 percent of all mortgaged homes, were “underwater” in the July-September quarter, housing data [...]

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Experts say housing recovery is still years away

December 14th, 2010 · No Comments · Uncategorized

Tweet Rising mortgage rates and foreclosures will continue to be drag on market By Linda Stern “WASHINGTON — The housing market will remain depressed, with record high foreclosure levels, rising mortgage rates and a glut of distressed properties dampening the market for years to come, industry experts predicted on Tuesday.”We don’t see a full market recovery [...]

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