broward county real estate: Short Sale Myths
- 11/06/11 09:11 AM
A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs. Myth #1 – The Bank Would Rather Foreclose than Bother with a Short Sale This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, investors, and even the federal … (1 comments)
broward county real estate: Short Sales Explained
- 11/06/11 08:36 AM
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved. But to be technical, here's a more official definition: A homeowner is 'short' when the amount owed on … (5 comments)
broward county real estate: TOP 10 BEST CONDO BUYS IN PALM AIRE OF POMPANO BEACH, FL JUNE 2008
- 06/17/08 12:23 PM
There are currently close to 400 units for sale in the Palm Aire community of Pompano Beach, Fl. Prices have dropped significantly over the past two years and there are some real good buys right now. I picked my top 10 best buys for the month of June 2008 which are listed below. Click the links to see more details. There are still a ton of overpriced units but the well priced condos are being snatched up at a pretty good pace. Recently sales are nearly double the monthly average. 3009 S. COURSE DR # 309 2/2 For $109,900 2801 N PALM AIRE DR # 402 … (0 comments)
broward county real estate: Building Spotlight - Pompano Atlantis
- 03/30/08 08:34 AM
This begins a series of spotlight articles of individual buildings along the A1A in Pompano Beach and Lauderdale-By-The Sea. If you are looking for a condo on or near the beach there is a lot to choose from. Each building has its own unique features and personalities. This should help you make a more informed decision. Pompano Atlantis was built in 1972. It is an 18 story building with 240 units. The first three stories are the parking garage. Access the the garage is manned by a security guard at all times. Each unit gets one assigned space and there is guest parking … (0 comments)
broward county real estate: 10 Minutes To Lower Your Property Taxes
- 12/28/07 09:54 AM
If you are a registered Florida voter please take a few minutes to watch this video. Afterwards follow this link to sign a petition to cap property taxes for everyone, including snowbirds and business owners, at 1.35% of assessed value. When you're done, forward this information to as many people as possible. I just did. Tom Day, Re/Max In Motion http://www.tomdayproperties.com/ … (1 comments)
broward county real estate: I Bought In A Declining Market
- 12/02/07 11:19 PM
The real estate market we are in right now reminds me a lot of the market in the early 1990's when I bought my first home. In the second half of the the 1980's there were significant price increases with a housing slump that followed. Much like what we are experiencing now. I remember real estate pricing going crazy twenty years ago and feeling like I had missed the boat. But within a few years opportunities came my way. My first real estate purchase was a two bedroom townhouse in White River Jct., Vermont, with an asking price of $79,000. I paid … (0 comments)
broward county real estate: Where Are All The Foreclosures?
- 11/20/07 01:43 PM
A couple of weeks ago a Re/Max agent from Montreal e-mailed me with a promise of a several referrals if I couldn't find foreclosures in Pompano Beach east of US 1. I did a quick search of the MLS and found just 2 foreclosures. Thats doesn't mean there aren't any deals out there, so I sent some listings I thought were just plain well priced. They were probably a good 20% less than what you would have found last year. I guess that, and the strength of the Canadien dollar still wasn't good enough because I never heard back. I think it just goes to show … (0 comments)
A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs.
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