lakeland fl short sales: Lakeland FL Short Sale - Can I Still Negotiate An Approved Short Sale? - 02/14/11 12:31 AM
Lakeland FL Short Sale - Can I Still Negotiate An Approved Short Sale?
If you are in the market to buy a house in Lakeland Fl, chances are you have come across many Short Sales.  While the process of a Short Sale can take months the question comes up quite often when the multiple listing (MLS) description states "Approved Short Sale". First of all, an approved short sale is established when the listing agent and lender have already completed the paper work with a buyer submitting a fully executed contract for sale and purchase.  The lender completed broker priced opinion (BPO), reviewed the short … (3 comments)

lakeland fl short sales: Is A Short Sale in Lakeland FL Considered A Quick Sale? - 02/03/11 01:08 PM
Is A Short Sale in Lakeland FL Considered A Quick Sale?
This is one of the frequently asked question I answer almost every day by buyers who are looking to buy in Lakeland Fl by email, phone conversation or when showing my Lakeland FL Short Sale listings. Buyers asking "does short sale mean quick sale?" and I always start with a smile and chuckle.  First, let me define short sale? A short sale is when the seller's lender accepts less than the mortgage balance to avoid a possible foreclosure auction on the court house steps. Buying a short sale in Lakeland FL or anywhere else for … (4 comments)

lakeland fl short sales: Lakeland Florida Short Sale and Foreclosure Market Report – December 2010 - 01/24/11 07:33 AM
 
Lakeland Florida Short Sale and Foreclosure Market Report – December 2010
 
For the month of December, the Lakeland real estate market of short sales and bank-owned (REO) properties market share increased to 61.03% from the previous month. There were a total of 119 distressed homes sold, compared to 73 in November and 103 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS.
 
Currently there are a total of 2344 Lakeland FL homes for sale and 470 homes under contract (01/24/2011). By calculating total inventory, homes that are under contract which are included in my inventory share because these properties … (3 comments)

lakeland fl short sales: Buying a Lakeland FL Short Sale? Consider Hiring a Short Sale Buyer’s Agent - 12/30/10 07:17 AM

Buying a Lakeland FL Short Sale? Consider Hiring a Short Sale Buyer’s Agent
While it is essential to hire an experienced Lakeland FL Short Sale agent when listing homes, it is equally necessary hiring a buyer’s agent in Lakeland, Florida who specializes representing buyers who are interested in buying a short sale.
The question that comes up quite often is why can’t any other agent help me with my buying process?  Our Lakeland Fl real estate market is not inundated with short sales, in fact we have an abundance of Lakeland Fl Homes for sale that are being marketed as traditional sales.  Buyer’s agents don’t want to deal with … (1 comments)

lakeland fl short sales: How to Hire the Right Lakeland FL Short Sale Agent? - 12/29/10 12:50 AM

How to Hire the Right Lakeland FL Short Sale Agent?
 
You open up the newspaper ads or search online for a short sale agents in Lakeland, FL and plenty of Realtors claiming to be an Expert.  
Before you pick up the phone and start with the one who claims to be an Expert, write an email to this agent and ask general questions.   For example:
What is a short sale? What are the alternatives to a Lakeland FL Short Sale? What are the requirements to list my home as a Short Sale? Is a short sale guaranteed? I hope he or … (7 comments)

lakeland fl short sales: Lakeland FL Homes For Sale - Short Sale & Foreclosure Market Report for November 2010 - 12/27/10 08:24 AM
Lakeland FL Homes For Sale - Short Sale & Foreclosure Market Report for November 2010



 
For the month of November, the Lakeland FL real estate market of short sales and bank-owned (REO) homes sold decreased to 54.89% from the previous month, reasoning the recent foreclosure moratorium. There were a total of 100 distressed homes sold, compared to 100 in October and 94 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional ML

 



Currently there are a total of 1937 Lakeland FL homes for sale and 442 homes under contract (12/23/2010). By calculating total inventory, homes that are under contract which are … (1 comments)

lakeland fl short sales: Lakeland Florida Short Sale and Foreclosure Market Report – November 2010 - 12/23/10 08:42 AM

Lakeland Florida Short Sale and Foreclosure Market Report – November 2010


For the month of November, the Lakeland real estate market of short sales and bank-owned (REO) homes sold decreased to 54.89% from the previous month, reasoning the recent foreclosure moratorium. There were a total of 100 distressed homes sold, compared to 100 in October and 94 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS.
Currently there are a total of 1937 Lakeland FL homes for sale and 442 homes under contract (12/23/2010). By calculating total inventory, homes that are under contract which are included in my inventory share because these properties have not … (1 comments)

lakeland fl short sales: Lakeland Florida Short Sale and Foreclosure Market Report – October 2010 - 11/27/10 09:25 AM

Lakeland Florida Short Sale and Foreclosure Market Report – October 2010
 
For the month of October, the Lakeland real estate market of short sales and bank-owned (REO) properties market share decreased to 60% from the previous month, reasoning the recent foreclosure moratorium. There were a total of 100 distressed homes sold, compared to 130 in September and 92 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS.
 
Currently there are a total of 1882 Lakeland FL homes for sale and 462 homes under contract (11/27/2010). By calculating total inventory, homes that are under contract which are included in my inventory share because these properties have … (2 comments)

lakeland fl short sales: Lakeland Florida Short Sale and Foreclosure Home Sales – September 2010 - 10/28/10 12:27 AM
 
Lakeland Florida Short Sale and Foreclosure Home Sales – September 2010
 For the month of September, the Lakeland FL real estate market of short sales and bank-owned (REO) home sales increased to 67% from the previous month. There were a total of 130 distressed homes sold, compared to 108 in August and 99 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS. Currently there are a total of 1867 Lakeland FL homes for sale and 491 homes under contract (10/26/2010). By calculating total inventory, homes that are under contract which are included in my inventory share because these properties have not closed … (1 comments)

lakeland fl short sales: Lakeland FL Foreclosures vs. Lakeland FL Short Sales – Lenders and Title Insurance - 10/11/10 02:26 PM
 
Lakeland FL Foreclosures vs. Lakeland FL Short Sales – Lenders and Title InsuranceFor the past week we heard that banks such as JP Morgan Chase, Bank of America - now all 50 states, and GMAC suspended foreclosures in over 20 states including Florida. Florida Judges halting foreclosures, primarily due to fraudulent and improper paperwork and rubber-stamping or “robo-signing” without reviewing the documents. Title Insurance Company stopped issuing owner’s title policy on foreclosed properties making it impossible to buy a foreclosure.Most owners who have stowed away their Owner’s Title Insurance Policy may want to find it and dust it off, especially … (3 comments)

 
Petra Norris, Realtor, Lakeland FL Homes for Sale (Lakeland Real Estate Group, Inc.)

Petra Norris

Realtor, Lakeland FL Homes for Sale

Lakeland, FL

More about me…

Lakeland Real Estate Group, Inc.

Address: PO Box 92050, Lakeland, FL, 33804-2050

Office: (863) 619-6918

Mobile: (863) 712-4207



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