Florida Real Estate News

Entries for August, 2010

South Florida has plenty of homes priced at $50,000 or less

Investors are buying, fixing up and reselling for a profitbr/br/The collapse in South Florida home prices has left bargains for the taking, but many properties are shoe-box tiny, or have some major flaw.
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Home prices rise in June, though optimism fading

Yeah, but
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September deadlines loom for challenging property appraisals

Have a beef with your property appraisal? Now’s the time to speak up.
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Loan modification marathon: Tuesday is last day for NACA foreclosure-aid event

Tuesday is the last day for struggling South Florida homeowners to take advantage of a mortgage-modification marathon in West Palm Beach, hosted by the Neighborhood Assistance Corp. of America.
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Four from Boca’s Top Dot Mortgage heading to prison

Jason Vitulano, a former branch manager for Top Dot Mortgage in Boca Raton , has been sentenced to more than five years in prison on charges that he and others committed mail and wire fraud by submitting false mortgage applications to Washington Mutual and other lenders. Vitulano previously had plead guilty to 12 counts [...]

Foreclosure aid: Homeowners jam mortgage modification marathon

Borrowers jam the Palm Beach County Convention Center to try to work out new deals with their mortgage lendersbr/br/More than 1,000 troubled homeowners filed through the Palm Beach Convention Center on Friday #8211; many lining up well before dawn — for a shot at having their loans modified at a massive five-day mortgage modification marathon [...]

Foreclosure help: NACA group hosts mortgage modification marathon

Homeowners seeking loan modifications or facing foreclosure can get counseling and new loans at marathon, five-day Save The Dream Tour in West Palm Beachbr/br/South Floridians facing foreclosure can head to West Palm Beach for a five-day mortgage modification marathon that kicks off Friday and runs through Tuesday.
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Why aren’t you buying a home?

Mortgage rates are less than 5 percent. Home prices in Broward and Palm Beach counties are about half of what they were at the peak of the housing boom in 2005.
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Foreclosure aid: Loan modification is returning to South Florida

Friday, 9 a.m., is the official opening for the Neighborhood Assistance Corp. of America major mortgage modification event in West Palm Beach. But people will be lined up overnight, waiting for the Save The Dream Tour to open.
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Renters on the hook for deadbeats

New state law allows condo and homeowners associations to demand rent from tenant when owner/landlord fails to pay feesbr/br/Getting locked out of his rented South Florida condominium was Zach Smith’s first clue something was terribly wrong.
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