Foreclosure Statistics Tampa

Short Sale or Death-Which Will Happen First? Advantages of Buying Foreclosures

Homebuyers tell me they “only want to look at short sales”. My initial response is why? You can read a previous post here about Can I get a short sale for 20% less than asking price? Short Sale Disadvantages: The question today is a short sale worth the months of waiting just to find out … Continue reading Short Sale or Death-Which Will Happen First? Advantages of Buying Foreclosures

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How much time will it take to buy or sell a SHORT SALE?

Thinking of buying or selling a short sale house in the Tampa Real Estate Market? Have you heard horror stories on how much time it will take? I originally published this article in 2009 and we all thought the short sale process would get better. Well, here it is 2011 and I’m not seeing any … Continue reading How much time will it take to buy or sell a SHORT SALE?

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Florida Mortgage Delinquencies WORST in U.S.-Tampa Foreclosures Creating the Come Back of the BIDDING WAR.

“Florida continues to be the worst state in terms of delinquencies with 26 percent of Florida mortgages one payment or more past due as of December 31st.  20.4 percent of Florida mortgages are 90 days or more past due or already in the process of foreclosure.  Nevada is the second worst state with 24.7 percent … Continue reading Florida Mortgage Delinquencies WORST in U.S.-Tampa Foreclosures Creating the Come Back of the BIDDING WAR.

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Towers of Channelside-Bank releases NEW pricing!-Tampa Real Estate update

Towers of Channelside Update- Many of you have been patiently waiting for the new pricing and release of condos in The Towers of Channelside. Now that the bank has taken over, your opportunity to buy at amazingly low pricing is here. FOR A LIMITED TIME ONLY: Bank Released New Pricing Price Ranges are as follows: 1 … Continue reading Towers of Channelside-Bank releases NEW pricing!-Tampa Real Estate update

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VENTANA CHANNELSIDE CONDO AUCTION! TAMPA, FL

CHANNELSIDE CONDO AUCTION! VENTANA-TAMPA, FL 33 Luxury Channelside Condos For Sale• Minimum bids from $145K   Pricing Example:  A 1 bedroom 2 bath condo, 1,143 square-foot condo at Ventana has a minimum bid of $145,000.   It’s last asking price: $473,100. Total units in building 84.  There are only 33 remaining.   Maintenance fees are calculated at .33 … Continue reading VENTANA CHANNELSIDE CONDO AUCTION! TAMPA, FL

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Foreclosure Rates show 50% increase Tampa,Fl

Foreclosure activity continues to rise in Tampa Bay Tampa Bay Business Journal There is little good news in a new foreclosure report from First American CoreLogic that shows more increases year-over-year in families losing homes. But the Tampa Bay region is doing better than Florida as a whole. Foreclosure rates in August 2009 were 8.58 percent … Continue reading Foreclosure Rates show 50% increase Tampa,Fl

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What to know when purchasing Bank Owned, REO homes in the Tampa Bay area.

BANK OWNED PROPERTIES Q&A Q. What is a bank owned property or REO? More commonly referred to as a FORECLOSURE A. It is NOT a short sale.  The bank has already foreclosed on the property.  The bank is the seller/owner. Q. How do I make an offer? A. Through a Real Estate Agent.   You will need proof of … Continue reading What to know when purchasing Bank Owned, REO homes in the Tampa Bay area.

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How to Buy a Foreclosure in Tampa Bay-Foreclosure Statistics Tampa, St. Pete, Clearwater

During the month of March, 2009 In Florida, one in every 282 homeowners received a foreclosure notice. In the U.S. One in every 538 American households received either a default notice, auction sale notice or bank repossession, according to RealtyTrac’s U.S. Foreclosure Market Report. With foreclosure filings up 57 percent from a year ago, (Source: RealtyTrac.) … Continue reading How to Buy a Foreclosure in Tampa Bay-Foreclosure Statistics Tampa, St. Pete, Clearwater

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Tampa Bay Home Sales Rise! Tampa, Fl Real Estate Market Update

Existing Home Sales Rise 23% By SHANNON BEHNKEN sbehnken@tampatrib.com Sales of existing homes rose 23 percent in the Tampa Real Estate Market as bargain hunters snatched up distressed properties and continued to keep home prices lower. That’s the largest jump since September, when sales rose 29 percent. In the Tampa, St. Petersburg, Clearwater metro area, … Continue reading Tampa Bay Home Sales Rise! Tampa, Fl Real Estate Market Update

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Distressed about Short Sales and the Process? Tampa, Fl

When I started thinking about a title for this article I came up with quite a few.  The METHOD of the Short Sale was 2nd choice. Although, we are finding there is NO Methodology in the Tampa Real Estate Market. Putting in an offer on a Short Sale Home in the Tampa Bay Area? Buying a short sale … Continue reading Distressed about Short Sales and the Process? Tampa, Fl

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Suze Orman talks about Tampa Foreclosures on CNN

I watched Larry King last night on CNN, and Suze Orman mentioned that TAMPA, FL was an area that is experiencing foreclosures at record levels. What will this mean for our inventory of homes on the market? It can’t hurt to have the national media letting the public know that our Tampa Real Estate Market has become … Continue reading Suze Orman talks about Tampa Foreclosures on CNN

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