palm beach county short sale agents: Palm Beach County- The Housing Bust and Beyond
- 08/21/11 05:27 PM
Palm Beach County- The Housing Bust and Beyond
The Palm Beach County tax appraiser's office has Real Estate in 2006 valued at $233 Billion. In 2011 the Palm Beach County tax appraiser has Real Estate valued now at $155 Billion. This is a lost value of $78 Billion which is a drop of 33%. Now that is an average which does not mean that every house in every Wellington or other community suffered the same. Some suffered more than others. Typically speaking, if you bought a house in the peak of 2006/2007 you can most likely count on your market value being about … (12 comments)
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palm beach county short sale agents: Reduced! Short Sale Downtown West Palm Beach Townhouse! 690 Fern St 33401
- 07/08/10 06:45 PM
Short Sale in the Heart of Downtown West Palm Beach - 690 FERN St 33401 … (0 comments)
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palm beach county short sale agents: Strategic Short Sales In Palm Beach County Florida
- 06/13/10 04:05 PM
Strategic Short Sales In Palm Beach County Florida Palm Beach County Short Sale Agents are experienced in strategic short sales.
The number of homeowners who are choosing to do strategic defaults is estimated to be at 31% this year up about 9% over last year's estimated 22%. Strategic defaults are happening more in Palm Beach County Florida because their lenders are not approving loan modifications or refinances because the mortgages are too far under water to be approved. There is a huge disconnect between the homeowner and their lenders. Around 10,000 homes were in some stage of foreclosure in Palm … (1 comments)
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palm beach county short sale agents: Palm Beach County Short Sales- Is Pressure Mounting For Homeowners Who Don't Pay Their Mortgage?
- 06/04/10 10:59 AM
Palm Beach County Short Sales- Is Pressure Mounting For Homeowners Who Don't Pay Their Mortgage?
The biggest disconnect we believe in the short sale arena is the fact that the banks do not stop the foreclosure proceedings when you are trying to do a short sale. This creates so much stress on the homeowner, the buyer, the buyers' agents and the listing agent- always trying to get foreclosures postponed or slowed down. Most often, the best process to follow is to hire a qualified and reputable attorney who will defend against your foreclosure. We are seeing an increase of calls to collect … (18 comments)
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palm beach county short sale agents: So If You Know Your Listing Price Is NOT Going To Get Approved....
- 06/03/10 06:20 AM
So if you KNOW your listing is NOT going to get APPROVED at that price why do you have it listed at that price?
There are two sides to this issue- One is from the listing side- your answer to me is that you want something to get the ball rolling. Understandable, however, there is a code of ethics IF you are a member of your local Realtor® to follow and most states have false advertising statutes that you legally are bound by. Of course, you don't HAVE to obey either and you can CHOOSE then to accept the consequences … (8 comments)
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palm beach county short sale agents: Real Estate Agents List Their Personal Short Sales With Us
- 03/15/10 05:08 PM
We just closed another short sale today in Wellington Florida. This was a Bank of America short sale and we got an approval in less than 90 days with no deficiency, no promissory note and no cash to close. About a year ago we closed on a short sale where Cynthia- broker- brought the buyers for our listing. She does not like to do short sales and she really is not experienced in short sales. In her market niche, a very upscale country club, there are hardly any short sales. Most sales involve those who own their homes outright and those who … (18 comments)
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palm beach county short sale agents: 5208 Edenwood Rd West Palm Beach FL 33418
- 03/11/10 01:04 PM
5208 Edenwood Rd-West Palm Beach FL 33418 … (5 comments)
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palm beach county short sale agents: Short Sale In Downtown West Palm Beach Florida- 690 Fern St West Palm Beach Florida 33401
- 12/07/09 03:06 PM
This Short Sale In Very Popular Downtown West Palm Beach Florida- Right in the Heart of CityPlace where you can enjoy walks on the Intracoastal waterfront, go for a romantic ride in a horse and buggy, check out the movies at Muvico, eat at the some of the funnest restaurants, dance at the clubs or just relax for a window shopping stroll along the shopping area of Cityplace.
Short Sale in the Heart of Downtown West Palm Beach - 690 FERN St 33401 … (4 comments)
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palm beach county short sale agents: Let's Get To The Truth About HAFA- The New Short Sales Guidelines- Rumors VS Facts
- 12/03/09 04:32 PM
Let's Get To The Truth About HAFA- The New Short Sale Guidelines Active Rain and the internet has seen a surge in posts and articles written by agents and the media regarding the new HAFA program; the streamlining short sales program rolled out by the U.S. Treasury Department. Many of these posts were featured. Many of them rang strong with hope for a faster closing time. I will be writing a set of articles along with this one that will go over all of the points in the 43 pages of guidelines and forms. There is just too much to put … (93 comments)
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palm beach county short sale agents: Can Short Sales Really Be Automated Like Cookie Cutters- One Size Fits All?
- 11/04/09 02:42 AM
Can Short Sales Really Be Automated Like Cookie Cutters and become like one size fits all? I don't think so. Real estate agents along with NAR made their voices heard to the powers that be in Congress and in the banking institutions. Of course, it is a pain to not have guidelines and to be negotiating short sales in wild, wild west fashion but on the other hand the cream rises to the top so the agents with the talent of negotiating skills and the gift of listening and communication skills rise above the rest and have come to have very … (19 comments)
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palm beach county short sale agents: Short Sale Strategies- Getting The Facts Straight - Case In Point
- 09/27/09 04:20 PM
Short Sale Strategies- Getting The Facts Straight For Sellers With Money- Case In Point Let me set the record straight with who can get a short sale approved and who can not. The main answer to the question is that is all depends on the lender and their policies regarding approving short sales. Most lenders would rather have a short sale approved then foreclose on yet another property even if there is no financial hardship. There are some lenders who will only approve short sales for financial hardships and others who will approve short sales if the terms are right for … (69 comments)
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palm beach county short sale agents: Why List With Top Palm Beach County Agents? Because They Get Results!
- 09/26/09 05:26 PM
Why list with top Palm Beach County agents? Why is that important? Because they get you to closing!
Sellers- Why would you want to list with the top Palm Beach County agents in the MLS? Because they are busy working on getting their listings closed. Momentum creates activity, activity creates results, results create closings.
In our Florida market most of the listings are short sales or foreclosures. Having in the trenches experience of getting short sales approved and to closing increases your chances dramatically in getting your short sale closed. If you need information about what a short sale is and … (7 comments)
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palm beach county short sale agents: Short Sale Strategies- When The Lender Blames The Investor- Case In Point
- 09/21/09 01:59 PM
There were a lot of questions and comments on the featured post- Is Your Loan Modification Or Short Sale Being Turned Down? - that I wrote last week. That post was reblogged 36 times and it keeps on going. Important information needs to be spread- education is key. The more that we get important information out to agents and consumers, the more empowered we will all be during these next few years of doing short sales.
When the lender who is the servicer; also known as the asset management company blames the investor you can take it to the next level, … (79 comments)
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palm beach county short sale agents: Florida Short Sales- Listing and Closing Short Sales In Florida
- 09/03/09 11:41 AM
Florida short sales- Listing and closing short sales in Florida. We close our short sales listings. Here is just a partial list of listings we have displayed on our blog that have generated offers and many of these listings got multiple offers. Some of these are actively still on the market, some of them are closed while others have offers being negotiated on with the short sale lenders. This is just the list of Florida short sales. If you would like to see a list of our listings that are NOT short sales you can contact us at 561-753-0135 for the … (7 comments)
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palm beach county short sale agents: Foreclosure Help and Options- Series Of Articles To Help Homeowners- Part 5
- 08/25/09 07:21 AM
Foreclosure Help and Options- Series Of Articles To Help Homeowners- Part 5 Please first read: Foreclosure Help and Options Part 1 Foreclosure Help and Options Part 2 Foreclosure Help and Options Part 3 Foreclosure Help and Options Part 4 There are several options available to you if you are in foreclosure and in danger of losing your home and having your credit ruined with a foreclosure on your record. Foreclosure should be most people's last option. There are many other work out possibilities that you can try first. We strongly suggest that you contact an attorney that understands … (5 comments)
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palm beach county short sale agents: Short Sale From Offer To Closing In Less Than 30 Days!
- 08/23/09 12:19 PM
Sort Sale From Offer To Closing In Less Than 30 days! And you will never guess with which lender! Bank Of America! WOW!
The buyer's agent brought us:
an ALL CASH buyer with a GREAT OFFER PRICE $440,000! HEFTY EARNEST MONEY DEPOSIT, AS IS FAR BAR CONTRACT, Inspection to be done in 7 days, Closing within 21 days of approval from third party lender. Bank of America made some conditions that were not reachable by our seller so we made them a counter offer from our sellers. They accepted. We had the short sale approval on this file in … (31 comments)
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palm beach county short sale agents: Foreclosure Help and Options- Series Of Articles To Help Homeowners- Part 2
- 08/18/09 11:06 AM
Foreclosure Help and Options- Series Of Articles To Help Homeowners- Part 2
Please read the first part of this series: Foreclosure Help and Options Part 1- by clicking here.
If you are behind in your mortgage payments, if you have received a letter from your lender saying that they are going to start foreclosure procedings or even if you have already been served with a summons and complaint paperwork- You may still be able to avoid the foreclosure actually coming to completion.
There are different steps in the foreclosure process from notifications to actually going court. Since I am … (0 comments)
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palm beach county short sale agents: Foreclosure Help and Options- Series Of Articles To Help Homeowners
- 08/16/09 09:04 AM
Foreclosure Help and Options- This is a series of articles to help homeowners in distress.
Are you behind in your mortgage payments?
Have you lost your job, been laid off or your hours cut back to where you can no longer make your payments? Did you recently get divorced? Did your mortgage payment readjust and now you can not make the higher payments? There are a lot of reasons that you may have fallen behind in your mortgage payments.
Most homeowners who call us when they are in this situation are very embarrassed. We understand how you feel. We know … (6 comments)
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palm beach county short sale agents: Short Sales Do Close! Celebrate The Victories!
- 08/14/09 03:46 AM
Short Sales Do Close! Celebrate The Victories! We closed on another one of our short sale listings last week! This closing was sweet sorrow because it was the story of the man we met who loves life and was stricken with Parkenson's disease.
The negotiator was so happy that she emailed us with exclamations, "The short sale is approved, attached is your acceptance letter." It also happened very quickly compared to many other short sales. We printed the acceptance letter and discovered that the PMI company wanted our client to carry a note for 15 years with payments … (14 comments)
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palm beach county short sale agents: Richard P Zaretsky PA- Palm Beach County Real Estate Attorney
- 08/06/09 03:56 AM
Richard P. Zaretsky - Palm Beach County Real Estate Attorney- Residential and Commercial- opened up his law office in West Palm Beach Florida in 1978.
Nestor and I had lunch last week with Richard and his son Max who runs their short sale division. Richard Zaretsky is also an Active Rainer. He writes great articles on the particulars of short sales and foreclosures. Reading his blog will keep you busy and learning for hours.
We talked about the short sale business and how they run their short sale division and foreclosure defense divisions and how we run our company. It … (10 comments)
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Palm Beach County- The Housing Bust and Beyond
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