foreclosure: Ocala Real Estate Activity - 11/01/09 09:07 PM
The latest sales activity shows that although the Ocala real estate activity has increased substantially since the same time in 2008, the prices  of homes selling is down and not surprisingly, the number of foreclosures selling  has drastically increased.
In through October of 2008, the number of homes sold is 2279. The number of homes sold through October of 2009 is 2739, an increase of 460 homes sold. However, last year only 661 of the homes sold in the Ocala/Marion County MLS system were under $100,000. This year, the number of homes sold under $100,000 increased to 1313 homes.  That's an increase of almost 100% … (5 comments)

foreclosure: Home Affordable Foreclosure Alternatives (HAFA) To Be Announced Soon - 10/17/09 11:58 AM
This is very good information and very good advice.

Home Affordable Foreclosure Alternatives (HAFA) may be announced by the U.S. Treasury sometime soon. "HAFA will offer financial incentives to both servicers and borrowers, and associated secondary investors, in order to facilitate a short sale or deed in lieu of the property", according to an article published in HousingWire.com.
In addition, a Treasury official reported that borrowers will need to be eligible for the Home Affordable Modification Program (HAMP) in order to participate in the HAFA program.
A program to streamline the short sale process and the extension of the $8000 … (1 comments)

 
Nancy Deichman, CDPE (Re/Max Premier Realty, Inc.)

Nancy Deichman

CDPE

Ocala, FL

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Re/Max Premier Realty, Inc.

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