ORLANDO SHORT SALES

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Addressing multiple offers in a short sale

WASHINGTON – April 10, 2013 – When handling a short sale that has received multiple offers, the highest bid or a cash offer isn’t necessarily the best prospect. Agents should also consider whether a cash buyer is willing to wait out the lengthy short sale process. And if the offer is from a corporation, trust, […]

Canadians play big role in Fla. market rebound

SARASOTA, Fla. – April 11, 2013 – According to a report by BMO Financial Group, Florida’s housing market is on the rebound and Canadian Snowbirds are playing an important role in its recovery. “Beyond the obvious attraction of great weather and beautiful beaches, there are two factors that make Florida real estate an especially good […]

FHFA extends HARP to 2015

FHFA extends HARP to 2015 The Federal Housing Finance Agency’s (FHFA) Home Affordable Refinance Program (HARP) was set to expire on Dec. 31, 2013, FHFA extended the date to Dec. 31, 2015. In addition, FHFA will soon launch a nationwide campaign to inform homeowners about HARP. Find more info on FHFA’s website. WASHINGTON – April […]

Most mortgage settlement checks will be $300

WASHINGTON – April 11, 2013 – The cash payments promised to mortgage borrowers who may have been wronged by their banks will start going out this week – but most checks will be a good bit smaller than homeowners had hoped. Nearly 60 percent of the roughly 4 million borrowers eligible under the settlement with […]