Florida Real Estate News

New home sales nationwide plunged in July to their lowest level since the government started keeping track in 1963.
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Three prominent Palm Beach County properties have fallen into foreclosure. Their future is uncertain, caught up in the morass of complex bank litigation.
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TotalBank has sued a Delray Beach real estate development company and its principals and has foreclosed on a Fisher Island condominium used as collateral, as the bank seeks repayment of a $26 million loan.
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Mortgage lenders must now pay the difference if a loan’s closing costs come in higher than they estimated, which means no more lowballing to lure customers.br/br/Facing new penalties if they lowball estimates of upfront mortgage costs, lenders and brokers appear to be coming clean about how much borrowers will pay.
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The Shapiro Fishman law firm is objecting to an attorney general’s investigation into alleged foreclosure offenses, calling the probe politically motivated and overly broad.
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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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Mortgage lenders must now pay the difference if a loan’s closing costs come in higher than they estimated, which means no more lowballing to lure customers.br/br/Facing new penalties if they lowball estimates of upfront mortgage costs, lenders and brokers appear to be coming clean about how much borrowers will pay.
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The Buy Owner broker-free real estate firm, known for its “Thanks, Buy Owner” advertisements, has filed for liquidation as the housing market continues to struggle.
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Mortgage rates fell to the lowest level in decades for the eighth time in nine weeks, a sign that investors are concerned about the weak economy.
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Neighborhood Assistance Corp. of America will offer mortgages Aug. 27-30 in West Palm Beach, some strings attachedbr/br/In addition to helping homeowners modify their loans, the Neighborhood Assistance Corp. of America will offer its own low-interest mortgages during its Aug. 27-30 West Palm Beach event.
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