florida foreclosure: What to expect with a bank owned foreclosure home
- 10/11/12 08:48 AM
We acquire and list quite a few junker homes. This particular one is a foreclosure home that I assume has been sitting empty for several months. If you are thinking of diving into the foreclosure arena, this is what you will often find when you first take possession of one of these REO properties. Often there is damage and neglect. There is nearly always some personal property and trash left behind. This particular property is in the Orlando Florida area. The locksmith just picked the lock and opened the door today. The roof has been leaking for a while and it … (7 comments)
florida foreclosure: Some fresh legal feedback on Florida short sales, foreclsoure rescue, & loan modifications
- 06/17/09 09:31 AM
Last Friday Central Florida Realty Investors association put on a powerful discussion panel featuring Florida Deputy Attorney General John Pare', Mike Moore from the Florida Office of Financial Services, and 2 local real estate attorneys Bob Lerner and Joe Seagle. The room was packed with at least 100 people coming from as far away as Tampa and Fort Meyers.
This panel gave out a lot of true meat and potatoes as far as answering serious pertinent questions regarding the Florida Foreclosure Fraud Law FS 501.1377 as well as unlicensed activity by non-attorneys or real estate brokers. Many of the questions from the audience were … (3 comments)
florida foreclosure: Short sale foreclosure deals in Central Florida - go with a pro you know
- 04/19/09 03:53 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)
florida foreclosure: Is the tide changing in the short sale business? -- Orlando foreclosure Realtor
- 08/22/08 04:52 AM
Whenever I take a buyer out to show properties in metro Orlando, the one thing that always stands out like a sore thumb is the number of properties listed as either short sales or bank foreclosures. It seems like that in many areas that these listings make up 50% or more of the properties listed for sale.
I have quite a few short sales listed right now, and our firm has a huge amount listed. These listings are always so much extra work to get closed, but they are what is selling in Central Florida. Being able to successfully negotiate a … (1 comments)
florida foreclosure: More official opinions on the Florida Foreclosure Fraud Law FS 501.1377
- 07/14/08 02:29 AM
This is yet another update on the Florida Foreclosure Fraud Law, Chapter 501.1377, Florida Statutes f/k/a House Bill 643. You can read the entire law at this website. Previous posts I have made: Some official opinions on Florida 's Foreclosure Fraud Law FS 501.1377 Florida's brand new foreclosure fraud law - the good, the bad, and the ugly
Well now I have some more official opinions on this new law that will be going into effect on October 1, 2008. Last week Attorney General Bill McCollum issued an official bulletin (which I can email anyone a copy of) stating that … (6 comments)
florida foreclosure: Some official opinions on Florida ’s Foreclosure Fraud Law FS 501.1377
- 07/01/08 02:14 AM
A few weeks ago, I gave my "unofficial" opinions on this controversial new law that is now Florida Statute 501.1377 (formerly HB 643). You can read the entire 14 page law at this link. Now some official opinions have come out on it. The big issue is that many non-scam artists appear to NOT be exempt or to be only partly exempt including lawyers, title companies, real estate brokers, sales associates, and owner occupant buyers. Here are some opinions that have come out on the new law: Jacksonville bankruptcy lawyer, Chip Parker: Web link South Florida foreclosure lawyer, Michael Wasylik: Web link - He goes so … (11 comments)
florida foreclosure: Over 60 short sale, foreclosure, and bank REOs for sale
- 03/25/08 01:38 AM
That is right. At this very moment, our realty company has exclusive listings on over 60 properties, most in Central Florida, that are either in a short sale, pre foreclosure, or bank owned REO situation. Most of these properties are in Orange, Seminole, and Osceola Counties. We also have a few in Lake, Volusia, Brevard, Polk, Palm Beach, Broward, and Miami-Dade Counties. If you want to receive a free copy of this property list, just let me know. Or you can subscribe to our weekly email blast and get updates regularly. A list of everything we currently have for sale can be … (2 comments)
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Rob Arnold
Metro Orlando Full Service - Investor Friendly & F
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, GRI, PHP - 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.
We acquire and list quite a few junker homes. This particular one is a foreclosure home that I assume has been sitting empty for several months. If you are thinking of diving into the foreclosure arena, this is what you will often find when you first take possession of one of these REO properties.
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