foreclosures: Negotiated Payback or Foreclosure Judgment Deficiency? Compared - 03/06/08 08:52 PM
I was negotiating on a very large problem mortgage today with a high-up executive at the servicing firm. He made a comment that I thought peculiar and I called him to task on the matter.
The comment was that "after the foreclosure sale, lenders seldom bother to get a court ordered … (57 comments)
foreclosures: Foreclosures Triple - AGAIN!?! - 01/03/08 07:25 AM
Another article in the Palm Beach Post this morning says that foreclosures here have tripled from the same period last year. It also says that the important "ratio" of home price to household income is double what is considered affordable and normal. In Palm Beach County foreclosure rate is a STAGGERING 1 in … (4 comments)
foreclosures: FORECLOSURES UP 68% - 12/20/07 05:52 AM
Foreclosures up 68% !!!!!!!!!!!!!!!!!!!! Latest Report From AP - Florida near the TOP of foreclosure list - Here is today's AP article on Foreclosures Nationwide -- its the daily dose of depressing news http://www.palmbeachpost.com/business/content/business/epaper/2007/12/19/1219foreclosures.html Our phone rings daily with brokers and sellers needing help with the short sale process. Sometimes we can help and avoid the … (3 comments)
foreclosures: FORECLOSURES TRIPLE - What's Next - 12/13/07 07:36 AM
In a report issued today from the Palm Beach Post, Palm Beach County had 1 foreclosure filed for every 371 homeowners. Surpassing that was St Lucie County with 1 for every 306 households. The October average for Florida was 1 in 273 (new filings for foreclosure). Prices for homes in Palm Beach, … (4 comments)
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I was negotiating on a very large problem mortgage today with a high-up executive at the servicing firm. He made a comment that I thought peculiar and I called him to task on the matter.
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