Mar 1, 2012 | FORECLOSURES/SHORT SALES, MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
The court-imposed dam on Shadow Inventory blew last month. There is a wave of distressed property that will come, which will impact sales prices all across America. Some areas will be more battered than others. If you are looking to sell, and wanting to move within...
Dec 5, 2010 | FORECLOSURES/SHORT SALES, MIAMI MARKET CONDITIONS
Zillow reports that 47.4% of all homes sold in September were distressed sales. The breakdown from Zillow shows that 27.3% were short sales and another 20.1% were foreclosures. Unfortunately, because appraisers use all available recent sales (distressed and...
Nov 29, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
What is Loan Modification? It’s an inexpensive way to stay away from foreclosure (no appraisal fees, surveys…). Loan modification differs from refinancing (which requires you to have equity). With loan modification you negotiate new terms for your...