Wellington Florida Luxury Homes

Homeowners who have defaulted on their mortgage loans are getting loans again.  The chief economist of the American Bankers Association says that banks are extending credit to those with serious blemishes on their credit. They are saying that borrowers who are current and pay all of their bills on time, their car payments on time and any ...

This is yet another rant about why you don't list your short sale with agents who are NOT experienced in closing short sales and much less, don't even know what a short sale is all about.  We got a call from a distraught seller who lives in another state and owns an investment property that he needs to short sale here in ...

There is so much internet chatter going on about strategic defaults since 60 minutes aired and had a segment on homeowners just walking away from their homes.Is it tempting for you to just leave the keys on the table and get out from underwater? Does the option of renting for the next 4 to 5 years look pretty appealing to you right ...

I can not believe we are even having to think about writing a post in today's market for Florida agents and the Wellington Florida real estate agents to explain that a short sale is NOT a bank owned property!! But we are!  Nestor asked me to write this because this really just happened and we hope to educate agents as to what happens ...