I’ve been seeing a lot of reverse mortgage foreclosures. A reverse mortgage is one in which mortgage payments are not required until the borrower passes away and at that time the loan is due. Now although mortgage payments are not […]
Hi Tina. I am the agent for the seller on this transaction. I wanted to send you the inspection report and repair estimate that has been completed on this property. The property has been vacant for ten years – ever […]
There are a number of short sale addendums that Florida Realtors may use; however, only one is approved by both the Florida Association of Realtors and the Florida Bar. It’s two pages and is titled G. Short Sale Approval Contingency. […]
Look at the date that is on this post. Looking back years from now you will see that this was a time when short sales were a scarcity. Everyone who jumped on the 2008-2014 bandwagon of short sales is long […]
This is a short sale on a home which has AVM values of $156k to $166k. The Zillow value is $162k. This would be an accurate valuation if the property was in good shape. Watch the video to get a […]
Dear Sir or Madam, The above-referenced property is in foreclosure. The property owner has contacted me requesting a short sale. Please be advised the shorting lender will only offer one year’s worth of the dues because that is all they […]
Hopefully I am wrong about this prediction because if I am right, things could go south fast in the economy. The US has a debt ceiling that is expected to be reached circa October 2019 and without an increase or […]
This is a Florida Supreme Court decision from July 2018. The foreclosure was completed and a separate lawsuit for a deficiency was obtained by a creepy debt collection company. Dyck O’Neal was assigned the foreclosure judgment and obtained the deficiency […]
BPO is an acronym which stands for Broker Price Opinion. It is basically an appraisal completed by a real estate broker, although it’s not permitted to be called an appraisal per the Uniform Standards of Professional Appraisal Practice (USPAP); nevertheless, […]
This testimonial is being written in late 2018 after I closed my first short sale with Jewel. I’m probably the last realtor who is still just exclusively listing short sales. I cover half the state of Florida. Jewel and THE […]