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Local market enjoys sales, price rise in November 2010

November 2010 saw resurgence in the Sarasota real estate market , with more sales and higher median sale prices indicating a healthy seasonal boost. There were 534 total sales reported last month, compared to 487 in October 2010 and 553 in November 2009. Read More...
Posted Tuesday, December 14, 2010 2:04 PM by Chaim Gleitmann CIPS | 0 Comments

After foreclosure: How long until you can buy again?

Walking away from a mortgage you can still afford to pay has consequences; everyone knows that. Your credit score is shot and it can be impossible to get credit.Some homeowners, no doubt, believe that the credit score hit is worth getting out from a deeply Read More...
Posted Saturday, June 12, 2010 1:42 PM by Chaim Gleitmann CIPS | 0 Comments

How to Separate a Good Short Sale Opportunity From the Rest

Not every troubled mortgage makes for a good Short Sale opportunity. There are things Investors must look for with regards to the homeowner, the house and the Lender to determine if a Short Sale is appropriate. Here are a few key factors. The Home Owner: Read More...
Posted Sunday, December 20, 2009 10:56 AM by Chaim Gleitmann CIPS | 0 Comments

Tips For Choosing the Right Mortgage

With so many different and various types of mortgages exist, knowing how to choose the right one can be oftentimes challenging. To be able to understand the various options, we have provided a brief breakdown. Keep in mind that the country has been in Read More...
Posted Tuesday, December 08, 2009 6:59 AM by Chaim Gleitmann CIPS | 0 Comments

FHA Loans To Get Costlier

It’s about to get more expensive to take out—and a bit harder to qualify for—a loan insured by the Federal Housing Administration . Faced with rising losses and falling reserves, the FHA is preparing a series of tweaks to its underwriting Read More...
Posted Wednesday, December 02, 2009 4:40 PM by Chaim Gleitmann CIPS | 1 Comments

Shortsales: The Real Story

Short sales are not new. Lenders have been doing them for years. However, due to the increase in mortgage delinquency due to our current economic situation, the lenders are now inundated with request for short sales. Bank of America, Chase and Wells Fargo Read More...
Posted Sunday, November 08, 2009 11:19 AM by Chaim Gleitmann CIPS | 0 Comments

Buyer Tips For Finding the Best Mortgage

Purchasing a home can be overwhelming and confusing especially for first-time home buyers. Here are some tips to help the home buying consumer obtain the best mortgage . To start, the home buyer should obtain information from several lenders. Real estate Read More...
Posted Saturday, November 07, 2009 4:28 PM by Chaim Gleitmann CIPS | 0 Comments

How To Apply For A Reverse Mortgage

How Do I Pay My Reverse Mortgage Back? You will need to pay your reverse mortgage back when the last survivor moves out of the home or passes away, all borrowers permanently move from the home, you stop paying property taxes or home insurance, or the Read More...
Posted Thursday, November 05, 2009 10:52 AM by Chaim Gleitmann CIPS | 0 Comments

Rebuilding credit after foreclosure or short sale

The ideal of homeownership may have lost its attraction to the millions of underwater owners who have lost homes during the housing meltdown. But it is never too soon for folks who have given up their homes to start pointing to the day when they will Read More...
Posted Sunday, November 01, 2009 5:13 PM by Chaim Gleitmann CIPS | 1 Comments

Fraud Watch for Homeowners

MORTGAGE fraud continues to expand, in both the number of incidents and the methods that criminals use to strip equity from homeowners and lenders. Now a new online service offers free help to keep homeowners safe from an emerging form of fraud known Read More...
Posted Saturday, October 31, 2009 10:47 AM by Chaim Gleitmann CIPS | 0 Comments

Short Sale Homes

Are you looking for short sale information or advice for your home? Are you having trouble meeting your mortgage payments and worried about foreclosure ? If you want to get out of your current situation an quickly as possible with minimal damage to your Read More...
Posted Monday, October 26, 2009 12:39 PM by Chaim Gleitmann CIPS | 0 Comments

A Bank Short Sale - My Only Option?

A bank short sale is not the only choice we have to avoid foreclosure - but it is definitely better than some of the other possibilities. If a homeowner is already in this position, they are already dealing with intense financial anxiety from every angle. Read More...
Posted Sunday, October 18, 2009 5:56 PM by Chaim Gleitmann CIPS | 0 Comments

First Time Buyer? Try Looking At A Federal Home Loan

With the absolute bust in the housing sector, causing the current economic recession, it is the perfect time to buy your first residence. Never has the prices of homes been as cheap, nor the interest rates as low. You are able to receive assistance from Read More...
Posted Tuesday, October 13, 2009 11:35 AM by Chaim Gleitmann CIPS | 0 Comments

To Negotiate Properly In Real Estate Arrange Financing Prior

Seriously in the market for a new home. In many real estate markets dwelling, land and property prices are in a slump. Its a good time for dealing on the real estate market . Its seriously a buyer’s market. But that is only if you prepare ahead Read More...
Posted Monday, October 12, 2009 7:39 PM by Chaim Gleitmann CIPS | 0 Comments

How to pay your mortgage off sooner than what your contract says you can

Did you know that if you were to just make simple monthly payments throughout the life of your 25-year mortgage, you’d end up paying more than DOUBLE than your original purchase price over time? Even scarier: if you were one of the ‘lucky’ Read More...
Posted Thursday, October 08, 2009 2:54 PM by Chaim Gleitmann CIPS | 0 Comments
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