South Tampa Realtor
Investors Still On Tax Hook (Tampa Tribune (FL) (KRT) Via Acquire Media NewsEdge) For homeowners in trouble, a short sale can be a lifesaver. Lenders allow a house to be sold for less than is owed on the mortgage and then write off the rest. The homeowner just walks away. Unless the owner is an […]
This is a guest blog post from Michelle Schaefferkoetter at Stewart Title in St. Petersburg, Fl There are so many misconceptions about selling your home as a short sale these days, so I reached out to Michelle at Stewart Title to give our readers an insight on how the Short Sale process works and what you […]
Selling your home as a short sale in the Tampa Real Estate Market is no easy task. Clearly, negotiating a successful short sale is even more difficult. It will require countless hours of phone time and inevitable frustration. It is highly recommended that you enlist the services of a professional to perform negotiations on your […]
Here’s the latest update on Bank of America’s short sale incentive program. Thanks to Mark Puente with the St. Pete Times, we now have more clarification on how the program works, deadlines, payout amounts and qualification process. The biggest disappointment is that homes already under contract are not eligible for the cash assistance. When do I have to […]
Tips for selling your home as a short sale in the Tampa Bay Area: What is a short sale? In basic terms, a short sale in real estate is selling your home for less than what you owe the mortgage company. This is often defined by the term being ‘Underwater’ In order to qualify, you’ll […]
HAFA Stands For: Home Affordable Foreclosure Alternatives Program The HAFA program took effect on April 5, 2010—although some servicers may implement it sooner, if they meet certain requirement–and sunsets on December 31, 2012. Home Affordable Foreclosures Alternatives Program: Guidelines and Forms HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure […]
Short Sales…A Rising Trend, find out your options and how to determine if you are a qualified candidate to sell. Throughout Florida, the number of sellers facing financial difficulties is clearly on the rise in all price brackets. Many owners holding adjustable rate mortgages (ARMs) or interest-only loans are finding it tough to keep up […]
This is one of the BEST examples of how a short sale works that I’ve read in a long time. If you haven’t read up on exactly how the process works this is a great place to start for both buyers, and anyone considering hiring a listing agent to sell their home. All Realtor’s predictions […]
Short Sales Tips for Sellers in the Tampa Real Estate Market If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net […]
Radio show features consumer scams and foreclosure prevention This month’s show features the latest consumer scams and foreclosure prevention tips. Guests are Deborah Berry, Operations Manager Pinellas County Consumer Protection and Bill Sanchez, Vice President of the Homebuyers Club from Tampa Bay Community Development Corporation. The program, sponsored by the Housing Finance Authority, airs the […]
