Florida Real Estate News

South Florida home sales continue to slide following the expiration of the federal home buyer tax credits this summer.
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Jason Grodensky paid cash for his home last year, but later found a foreclosure mistake led to the home being resold without his knowledge.
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Some complain banks, and the property preservation companies hired to change door locks and clean homes, are overzealous in their work.
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Expect more condo and homeowner communities to use locks, devices to block common areas from owners in arrearsbr/br/Several weeks ago Lynn Penedo’s condominium association installed an electronic finger scanning device outside the multi-million dollar community club house.
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The Fort Lauderdale complex had faced foreclosurebr/br/The high-profile Las Olas Centre office complex in downtown Fort Lauderdale has a new owner.
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Financing for condos is starting to loosen up, with Fannie Mae approving new Florida condos for financing at a clip of more than 15 a month.
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GMAC is putting a halt to home foreclosures in Florida and 22 other states. The reason seems to be due to foreclosure mistakes. The story from Bloomberg talks about “corrective actions” that need to be taken. I’ve heard of this happening here. Anyone else?
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Financing for condos is starting to loosen up, with Fannie Mae approving new Florida condos for financing at a clip of more than 15 a month.
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The number of Palm Beach County foreclosure filings rose dramatically in August for the second consecutive month as officials keep moving a backlog of cases through the court system.
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Financial consulting firm warns the real estate market is vulnerable to a new kind of mortgage fraudbr/br/A national financial consulting firm has warned that the real estate market is increasingly vulnerable to a new kind of mortgage fraud.
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