South Florida Real Estate

You should avoid foreclosure as your credit will be damaged, not to mention the stress and other hardships it will cause.  Here are the basic steps through a foreclosure:   In Florida, your lender files a 'complaint' against you, explaining to a judge why it thinks that it should get your house as payment ...

Sellers sometimes feel that Buyers are trying to 'beat them up' and that all properties for sale should be treated like distressed sales and are inclined to lowball offers.  All Buyers want to get the best deal, but if you want to make a 'Lowball' offer here are some simple guidelines: Find out what type of sale it ...

FHA Loan Limits for Broward County have changed.  The new FHA loan limit is $345,000.  It was $423,750 before.  The new loan limit will go into affect on October 1st, 2011. This change is the same for Miami-Dade County.  Other counties in Florida vary.  If you have an FHA Loan with the higher amount, make sure you close ...

Florida Home and Condo Sales up!  Home, condo and townhome sales rose in March, according to latest housing data released by 'Florida Realtors'.  Home sales increased by 12% last month with a total of 18,522 homes sold throughout the state compared to 16,540 sold in March 2010.  Condo sales rose 24% statewide compare to a ...

UF: Floridians grow suddenly optimistic about economy GAINESVILLE, Fla. – Jan. 25, 2011 – Consumer confidence among Floridians soared an unexpected seven points to 77 in January from the revised December index score of 70, according to a new University of Florida survey. The increase is the largest since the index rose seven points ...

Foreclosure Auctions - go online In Broward County as of March 30, 2010 a website was launched which officials say could allow them to sell more than twice as many homes each month.  The website is https://www.broward.realforeclose.com/.  Web classes covering the use of the auction site software are available by calling ...

New changes with regards to appraisals will alleviate problems with banks sabotaging appraisals and lowering the value of the property below the purchase price.  In some cases Buyers trying to obtain financing are told their banks are not using the value the appraiser came up with.  Lenders now often double-check an ...

Florida is one of America's Top States for Business in CNBC's fourth annual ranking, a study of all 50 states that examines 10 different categories, including workforce, to measure each state's ability to attract businesses.  Under 'Workforce," Florida moved up from 2009's number three spot. "The Sunshine State ...

Los Angeles (AP) - July 15, 2020 - More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog of borrowers who have fallen behind on their loans. Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to ...

WASHINGTON - 7/15/10 - Federal Reserve Officials now predict the economy will grow between 3 percent and 3.5 percent this year.  That's down from forecast of 3.2 percent to 3.7 percent made in April.