foreclosures: Foreclosure vs. Forbearance - 05/04/12 04:45 AM
What is forbearance? Can it stop foreclosure? Watch our video on forbearance vs. foreclosure.
(0 comments)

foreclosures: As Foreclosures Decrease, Short Sales Increase - 04/20/12 05:18 AM
According to CNNMoney and RealtyTrac, short sales are on the rise while foreclosures are falling.  In the final quarter of 2011, short sales made up 10% of all homes sold (a 15% rise over the previous year), and foreclosures made up 13% of all homes sold (a 12% fall over the previous year).   Why the Rise in Short Sales over Foreclosures? Reasons cited for the rise of short sales in our real estate market include:
Benefits.  Both lenders and homeowners are embracing the benefits of short sales. Less Complicated Sales.  Short sales usually lead to fewer legal issues than foreclosures do, since lenders and homeowners … (0 comments)

foreclosures: Mortgage Default Notices Increase in Florida - 04/20/12 05:10 AM
The amount of mortgage default notices sent to homeowners in Florida rose 33% in February 2012.  According to RealtyTrac, this is one of the highest increases nationally. In contrast, foreclosures in Sarasota, Manatee  and Charlotte County fell dramatically in February 2012, according to the Herald Tribune. While many think this decline is a monthlyn aberration, it is our hope that more and more homeowners in Sarasota and Southwest Florida are opting to short sale their property rather than undergo the foreclosure proceedings. As short sale experts, we want to encourage all Florida homeowners facing foreclosure to learn your rights and options.  It is … (0 comments)

foreclosures: Bargain Short Sales & Foreclosures in Sarasota & Manatee County, FL - 03/30/12 05:14 AM
This is a quick round-up of several short sales and foreclosure listings under $60,000 in Sarasota, Bradenton, Venice and Port Charlotte, Florida.
Foreclosure - Sarasota Glen Oaks Ridge Villas - $59,800 Sarasota Foreclosure (REO) inside community of Glen Oaks Ridge Villas. Maintenance-free villa with 2 bedrooms, 2 bathrooms, and a carport.  Located at the heart of Sarasota, and convenient to downtown Sarasota, shopping, restaurants, and I-75.   Community features include community swimming pool, clubhouse, shuffleboard.

Short Sale - Port Charlotte - $59,900 Great 3 bedroom, 2 bath single-family home for sale with screened lanai, large, fenced yard, 2-car garage, storage … (1 comments)

foreclosures: Short Sales vs. Foreclosure - Short Sale Benefits - 03/16/12 05:10 AM
At the Troy Funk Team, Short Sale Experts with Keller Williams Realty, in Sarasota, FL, we have helped many homeowners avoid foreclosure with a short sale in Sarasota.  There are many benefits to choosing to short sale your property vs. letting it go into foreclosure. Here are our top five...
TOP 5 BENEFITS OF SHORT SALES 1. Preventing Foreclosure & Deficiency Judgments in Sarasota County If you qualify for a short sale, you have the potential to stop foreclosure proceedings against you, and reduce your chances of being dealt a deficiency judgment. In general, lenders prefer short sales over foreclosures.  Lenders … (0 comments)

foreclosures: Church Foreclosures – More Short Sale Education Needed - 03/11/12 04:36 AM

Sarasota, FL – Recently, several news sources have reported that banks have been foreclosing on churches in record numbers.  According to CoStar Group, the number of churches sold by banks were 270 in 2010, and 138 in 2011, with Florida being one of the states hit the hardest by this unfortunate foreclosure trend. 
With even more foreclosures expected in 2012, all of us at the Troy Funk Team – Short Sales & Foreclosures Resource in Sarasota County, Florida, believe it's essential to educate everyone on the possibility and benefits of selling your property as a short sale in order to stop the foreclosure process. In fact, this is what we do, … (2 comments)

foreclosures: "Foreclosure Starts on the Rise" - Avoid Becoming Another Foreclosure Statistic in Sarasota - 03/09/12 10:20 PM
Foreclosure Starts on the Rise – How to Avoid Becoming Another Foreclosure Statistic Sarasota, FL –  Foreclosure Starts are on the Rise, according to a recent housing report published by Lender Processing Services, which has reported that Foreclosure starts on homeowners who defaulted on their mortgage jumped 28 percent in January (203,458) from December (159,092).
In light of this news, all of us at the Troy Funk Team - Short Sales & Foreclosure Resource in Sarasota, Florida, are even more impassioned to spread the word about the benefits of short sales; how negotiating a short sale with your lender can help prevent foreclosure on your home.
Top Tips to … (4 comments)

foreclosures: Commercial Foreclosure for Sale - Sarasota, Florida - $125,000 - 03/09/12 01:55 AM
This Commercial REO / Foreclosure in Sarasota, FL, has a superb location – near I-75 and convenient to downtown Sarasota! This Sarasota Foreclosure offers 2250 square feet of space with an open front office and divided warehouse space in the rear.

 
 
 
 
 
For more information about this Commercial Sarasota Foreclosure or other Short Sales & Foreclosures in Sarasota, Florida, contact Troy Funk at: (941) 365-8769.
Sarasota Real Estate Agent Troy Funk is CDPE & SFR is an expert on Foreclosures & Short Sales in Sarasota, Florida. He has been a licensed real estate agent in Sarasota, Florida … (0 comments)

foreclosures: Should I Pay for Property Insurance on a Short Sale? - 02/03/12 05:40 AM
As an experienced Sarasota Short Sales Agent & Realtor, many clients come to me to discuss a short sale in Sarasota when their mortgage is in default, and they want to know if they should continue to pay property taxes and insurance.
Normally when your mortgage is in default, your lender will continue to pay property taxes and property insurance with your established escrow account which has been managed by the lender.
What happens, however, if you don't have an established escrow account or if there aren't enough funds in your escrow account to cover  taxes and insurance on your property … (0 comments)

 
Troy Funk, Broker / Associate (Allison James Estates & Homes, Sarasota  941-957-3737)

Troy Funk

Broker / Associate

Sarasota, FL

More about me…

Allison James Estates & Homes, Sarasota 941-957-3737

Address: 630 S. Orange #102, Sarasota, FL, 34236

Office: (941) 957-3737

Fax: (941) 870-9294

Short Sales in Sarasota & Foreclosures in Sarasota - Sarasota Real Estate for Sale & Information for Homeowners Facing Foreclosure - by Sarasota Short Sale Expert & Real Estate Agent Troy Funk, CDPE, SFR, who has helped many homeowners successfully stop foreclosures with short sales in Sarasota, Florida.


Links

Archives

RSS 2.0 Feed for this blog