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 4, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
Foreclosure? … Time Frame for Foreclosure? A foreclosure is when the lender (lien holder) assumes ownership rights when a property owner defaults on his/her mortgage payments…It’s the process through which the lender repossesses real estate...
Nov 20, 2010 | FORECLOSURES/SHORT SALES, MIAMI REAL ESTATE
November 2010: Miami is in the midst of a freeze on foreclosures. The reason? A number of lending institutions (Bank of America, GMAC, JP Morgan Chase and others) along with several powerful legal firms who were handling foreclosures on their behalf (David J....
Mar 4, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE
Banks are holding on to shadow inventory. Shadow inventory… the new topic of conversation …soon to be common vernacular. Shadow inventory is foreclosure inventory that’s about to come on the market -property the banks have not yet foreclosed...
Feb 9, 2010 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Real Estate prices are dropping in Florida. What does that mean for the Real Estate Market – for 2010? Whether you and I are buying or selling (or just curious) … information will be key to our decision-making. New York Real Estate Guru, Steve Harney,...
