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Foreclosure Deficiency Judgments

As the foreclosure crisis continues to affect the real estate market, many troubled homeowners, and even some realtors, may not fully understand the severity of a foreclosure. In a foreclosure situation, the mortgage lender is a secured creditor which Read More...
Posted Wednesday, December 21, 2011 1:05 PM by Chaim Gleitmann CIPS | 0 Comments

SAR Monthly Statistics Released for December 2010

Sales surge in December 2010 and prices remain stable The Sarasota real estate market saw a big surge in December sales, from 534 in November to 681 last month for a 27.8 percent increase. In addition, the median sales price for both single family homes Read More...
Posted Monday, January 17, 2011 11:55 AM by Chaim Gleitmann CIPS | 2 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

Mortgage Modification Assistance Helping Distressed Home Owners

Changing or amending one or several aspects of a mortgage agreement is called loan modification . Loan modification is normally used by mortgage companies to help mortgage holders but can be used to alter the terms of any loan or debt obligation. Over Read More...
Posted Sunday, November 08, 2009 9:25 AM by Chaim Gleitmann CIPS | 1 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

Know How To Find Solutions With Home Loan Modification

In a time of financial crisis many individuals find themselves reflecting on their financial situation, especially in regards to the fluctuating housing market . No individual wants to lose their home but the search for solutions to stop foreclosure seem Read More...
Posted Thursday, November 05, 2009 10:34 AM by Chaim Gleitmann CIPS | 0 Comments