| |
central florida foreclosure: The next wave of foreclosures is coming - 11/19/09 05:05 PM
There have been several articles over the last year about the next big wave of foreclosures coming down the pipeline. 60 Minutes did a whole documentary on this last year.
Today USA Today published another article discussing the backlog of foreclosures on the horizon caused by failed short sales, failed modifications, government moratoriums, etc. Another 7 million homes in the USA are destined to go into foreclosure over the upcoming months.
This article makes an interesting read: Another Wave of Foreclosure Looms.
Central Florida / Orlando gets hundreds of new foreclosure case filings every single week. So anybody that is telling … (5 comments)
|
central florida foreclosure: Second wave of foreclosures is coming - big time - 06/09/09 06:12 PM
This 60 Minutes bit has been around for a while, however many people still haven't seen it. Even though the real estate market does appear to have gained some steam recently with all the bailouts and the $8000 first-time home buyer tax credit, that still is not going to do much to prevent the continuous stream of foreclosures. These videos are very eye opening. If you aren't working the short sale and REO market now, after seeing this you may want to seriously consider positioning yourself into that market.
Part 1:
Part 2:
---------------------------------------------------------------------------------------------------------------------
(Copyright © … (1 comments)
|
central florida foreclosure: Short sale foreclosure deals in Central Florida - go with a pro you know - 04/19/09 10:53 AM
Our firm has been providing short sale, foreclosure, and bank owned REO asset management in the Central Florida and metro Orlando area for quite a while now. I actually worked my first short sale in 1999 when the real estate community (or at least I) was not familiar with the term "short sale." I just knew that the seller owed basically what the home was worth but had to unload it due to a hardship plus pay closing costs and a commission to me. Even back then it took me over 4 months to get the seller's lender to accept the deal, … (1 comments)
|
central florida foreclosure: Beware foreclosure rescue scams, "big brother" IS watching - 04/02/09 03:45 PM
With the real estate market and general economy the way it is, more and more predators have come out from under the rocks. Last year I blogged extensively on the Florida Foreclosure Rescue law FS 501.1377 that went into effect 10/1/2008. This was Florida Attorney General McCollum's baby and since it went into effect he has been aggressively going after violators.
I was fortunate enough to go with a group last Fall and actually meet one-on-one with the Attorney General so that we could discuss concerns about this new law. The AG was quite open with us and stated that the … (4 comments)
|
central florida foreclosure: Foreclosure and short sale homes are selling in Orlando - 03/27/09 07:02 PM
I can't say for sure if it because it is officially Spring time which begins our busy season or if something has turned in the marketplace. What I can say for sure is that properties are selling. Sales are up and things are busy. Our foreclosures and bank REO listings are often getting offers within just a few days and some are going with multiple offers. Our short sale listings are getting approved reasonably quickly compared to what they were even just a few months ago. The contract assignment deals are moving too - investors are buying in droves.
Granted the … (2 comments)
|
central florida foreclosure: Florida foreclosures get a Christmas vacation - 12/02/08 04:05 PM
Florida Governor Charlie Crist announced in a press conference today that he has been able to negotiate with some lenders including Bank of America/Countrywide to abate the foreclosure process for the next 45 days. This is good news for some people that are really struggling.
This abatement would be voluntary, will only affect some lenders, and will only apply to primary residences. It also will not affect properties that are already in foreclosure - just new foreclosure filings.
Hopefully these people that are being given a break won't just put their head in the sand for another 6 weeks and spend their mortgage … (2 comments)
|
central florida foreclosure: Fantastic real estate deals we have recently sold in Central Florida - 10/12/08 06:49 PM
With the market being as tough as it has been over the last 2 years, I thought it would be great to share just a few of the fantastic deals that we at Sand Dollar Realty Group have helped homebuyers and investors purchase in the last few months.
1. 111 N. Fairfax Avenue, Deland 32724. 3 bed/1.5 bath block house. Property appraiser value $110,729. We sold this bank owned REO house to a buyer at just $84,500 in August.
2. 1814 Grasmere Drive, Apopka 32703. 3 bed/2 bath/2-car garage block house. Property appraiser value $188,757. We sold this probate property to a buyer for … (3 comments)
|
central florida foreclosure: Foreclosure & short sale homes for sale in Central Florida & Orlando - 09/22/08 05:31 PM
I sell foreclosure homes in the Central Florida and metro Orlando. Our office currently has over 100 houses and properties for sale that are either short sales, in foreclosure at some stage, or bank owned REO. I am also on a first name basis with many of the other short sale and bank REO listing Realtors in Central Florida, so I can get you an upper edge on many of those property listings as well.
My lead Realtor, Sylvia, and I know the Orlando market quite well and can help get you a fantastic deal on your next home purchase. Whether you are a home buyer or an … (0 comments)
|
central florida foreclosure: We sell Central Florida foreclosure houses - 08/30/08 07:52 AM
That's right. Our firm sells houses and other real estate involved in foreclosure. That includes pre-foreclosure, short sales, and bank owned properties from both institutional banks and private mortgage lenders.
Not only that, we are on a first name basis with many of the listing agents who represent bank owned properties around the metro Orlando area. With 12 years+ in business and hundreds of successful foreclosure transactions under our belt, we can help find a great deal just for you.
Currently our firm has over 100 foreclosure properties listed for sale. We can also represent you on the thousands of other foreclosure deals available in the Central … (0 comments)
|
central florida foreclosure: Florida foreclosure fraud law update FS 501.1377 - meeting with the Attorney General - 08/19/08 10:04 AM
Last Friday a group of several people involved with the Central Florida Realty Investors (CFRI) legislative committee (including myself) got to sit down Florida's Attorney General Bill McCollum and candidly discuss various issues regarding the real estate industry including the new Florida foreclosure fraud law, FS 501.1377 a/k/a HB 643. We expressed many of our concerns about the new law and General McCollum was listening to what we had to say.
General McCollum is also looking for input regarding ideas to lower the cost of Florida windstorm insurance and to combat mortgage fraud. If you have any ideas regarding any of these topics, please post them here or contact me … (4 comments)
|
central florida foreclosure: Central Florida short sales and foreclosure houses for sale - 07/05/08 10:21 PM
Our firm currently has over 100 properties for sale that are either short sales, bank owned REOs, in some stage of foreclosure, or are ripe for an investor or a homebuyer looking to pick up a steal of a deal. These properties are located all across Central Florida from Orlando to Apopka, from Kissimmee to Clermont, from Davenport to Deltona, and from Daytona Beach to Melbourne to name a few places. We cover the entire Central Florida and Space Coast region and several other counties scattered around the area.
Before you make an offer to buy a foreclosure deal, you owe it to yourself to contact our office and … (1 comments)
|
central florida foreclosure: FHA temporarily lifts anti-flipping ban on foreclosure properties - 06/16/08 08:00 PM
Here is some more good news from Washington this week.
The Federal Housing Administration (FHA) has temporarily suspended its anti-flipping rule for properties. For several years now, FHA mortgages were prohibited on properties where the current seller had owned the property for less than 90 days. This was done to try and reduce mortgage fraud and reduce foreclosures. I'm not sure if it worked or not, but it definitely has stifled a lot of legitimate transactions.
Effective now and for the next year, the FHA has temporarily lifted this ban in order to allow foreclosure properties to be sold at a faster pace. You can read FHA's press … (9 comments)
|
central florida foreclosure: Foreclosure, REO, and short sale real estate opportunities in Central Florida & metro Orlando - 06/13/08 12:24 PM
Below is a sample of the free list of foreclosure properties that we can provide to you. Our firm specializes in foreclosures, short sales, and investment opportunities in real estate.
If you are interested in buying a new home in Central Florida in any price range, foreclosure or not, give me a call.
List of short sale homes for sale.
List of bank owned foreclosed homes for sale.
This list is just a sampling of some of the properties available. If you do not see anything you like on this list, just give me a call or email and I will see what else I … (0 comments)
|
central florida foreclosure: Florida's Foreclosure Fraud law HB 643, confusing to say the least - 06/09/08 09:27 PM
I have read through this foreclosure fraud law about 5 times now and discussed this at length with several knowledgeable people including attorneys, Realtors, a mortgage broker, and an investor that is a "short sale specialist." Here is a link to the new law. I am glad for the lievely discussion in my previous post. It helps me to better interpret the law for myself. It seems this law provides far more questions than answers. The definitions are screwy and the exemptions are even screwier. Are attorneys exempt or aren't they? Are Realtors and appraisers exempt or aren't they? Are buyers exempt in a … (7 comments)
|
central florida foreclosure: Free list of bank owned homes, foreclosure and short sales in Central Florida / metro Orlando - 05/31/08 07:08 PM
I can provide you a free list of bank owned REO properties, foreclosure and short sale houses, fixer-upper deals, probate deals, and other real estate opportunities in the Central Florida area. Myself and my lead sales associate Sylvia Carraway provide full service real estate in 6 Central Florida counties including Orange, Osceola, Seminole, Polk, Lake, and Volusia County. We cover anywhere in the metro Orlando area from Deland to Davenport and everywhere inbetween. If you want to pick up a good deal, just give one of us a call or send us an email.
Now is the time to buy. Between myself and my customers, we have purchased … (0 comments)
|
|
|
|
|
|
Rob Arnold, metro Orlando full service, investor friendly & foreclosure Realtor
Altamonte Springs,
FL
More about me…
Sand Dollar Realty Group, Inc.
Address: Apopka, FL, Longwood, FL, Winter Springs, FL, Casselberry, FL, Orlando, FL, Deltona, FL, Debary, FL, , Altamonte Springs, FL, 32714
Office Phone: (407) 389-7318
Email Me
***Sign up for our email hot property list & newsletter***
We Buy Houses Florida.com
My thoughts on the real estate industry, real estate investing, rental properties, mortgages, listing houses in the MLS, government and legislative issues affecting real estate brokers and investors. Serving metro Orlando & most of Florida.
Rob Arnold - ABR, CPL, CRB, CSP, GRI - Managing real estate broker, Notary Public
Disclaimer: This blog is for educational, entertainment, and yes blatant advertising purposes. Read it at your own risk and enjoyment :-) It is not meant to be construed as legal or financial advice. These are my personal views and opinions only. Regarding any properties advertised on this blog site - all information is deemed reliable but is not warranted nor guaranteed - price, terms, and availability are subject to change without notice.
Copyright © 2007-2011. Sand Dollar Realty Group, Inc. All rights reserved.
 Listings
Links
Archives
|
;)
;)
;)
