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Nearly 100 house markets improving

WASHINGTON – Feb. 6, 2012 – The list of housing markets showing measurable improvement expanded by 29 metros in February for a total of 98 entries on the National Association of Home Builders/First American Improving Markets Index (IMI). With Read More...
Posted Monday, February 06, 2012 2:53 PM by Chaim Gleitmann CIPS | 0 Comments

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

Florida Realtors Report: 2010 Profile of Home Buyers and Sellers

ORLANDO, Fla. – Jan. 5, 2011 – The 2010 Profile of Home Buyers and Sellers in Florida looks at the traits of the state’s current real estate clients, and it identifies the characteristics of today’s homebuyers. It describes the Read More...
Posted Thursday, January 06, 2011 11:57 AM by Chaim Gleitmann CIPS | 0 Comments

Strong rebound in pending home sales

WASHINGTON – Dec. 2, 2010 – Pending home sales jumped 10.4 percent in October, showing another positive uptrend since bottoming in June, according to the National Association of Realtors® . The Pending Home Sales Index (PHSI), a forward-looking Read More...
Posted Friday, December 03, 2010 11:32 AM by Chaim Gleitmann CIPS | 0 Comments

31% of defaults could be strategic

WASHINGTON – Nov. 1, 2010 – The financial crisis and ensuing recession apparently changed the mindset of Americans toward their homes, turning what long has been the American Dream into just another financial investment. The result, strategic Read More...
Posted Thursday, November 04, 2010 5:55 AM by Chaim Gleitmann CIPS | 0 Comments

How to buy a foreclosure

You want to buy a foreclosure ? Remember, there are both great opportunities and great pressures and pitfalls in this market. First, you have to decide at what stage of foreclosure you want to buy. There are three options: 1. pre-foreclosure; 2. sheriff's Read More...
Posted Tuesday, May 04, 2010 1:46 PM by Chaim Gleitmann CIPS | 0 Comments

What Are the Differences Between Foreclosure and Short Sale?

Once you fall behind your mortgage payments, you would be confronted with certain repercussions. For one, you might be on the verge of losing your home. Other home owners in a difficult position like you are in dire need of rescue on what to do to save Read More...
Posted Saturday, April 10, 2010 11:38 AM by Chaim Gleitmann CIPS | 0 Comments

Basics of Buying Real Estate Short Sales

Over the last several years, short sales have received a substantial amount of attention. This type of transaction is done when the seller owes more on his or her mortgage than the value of the property. The lender essentially agrees to accept less than Read More...
Posted Monday, March 15, 2010 11:02 AM by Chaim Gleitmann CIPS | 0 Comments

FREE FORECLOSURE SEMINAR FOR HOMEOWNERS

“Take Control of Your Mortgage” will be the subject of a free seminar for homeowners facing foreclosure on Saturday, Feb. 27 from 10 a.m. to noon at Colonial Oaks Park, 5300 Colonial Oaks Blvd. Panelists will include: Xena Vallone of Xena Read More...
Posted Wednesday, February 03, 2010 11:54 AM 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

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

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

What You Must Know About Shortsales

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 overwhelmed with request for short sales. Lenders have been very slow in their response to short sale Read More...
Posted Tuesday, November 03, 2009 12:20 PM by Chaim Gleitmann CIPS | 0 Comments
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