by Chris Melson on May 21, 2010
371 Wilma Circle #1- Waterfront Short Sale Deal of the month with deeded dock!
Beautiful 2 bedroom 2 bath waterfront condo priced at $249,000 just across the Intracoastal from Singer Island. Cruise your boat right up to your very own deeded dock on the Intracoastal. Hop off the boat and [...] Continue Reading…
by Chris Melson on May 20, 2010
799 Jeffrey St, #206, Boca Raton, FL
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Bank Approved Waterftont Short Sale Condo for $112,500!
The condo is a 1 bedroom 1.5 bath canal-front condo. You can rent boatslips right off your balcony. Cash only on this deal. Bank approved price is $11,000 below the last sale [...] Continue Reading…
by Chris Melson on May 19, 2010
Short sales and foreclosures will not end in Palm Beach County anytime soon.
In this May 13, 2020 photo, a brand-new $1.1 million, 5,200 square foot home in Davie, Fla. is offered for short sale. The number of homeowners who missed at least one payment on their [...] Continue Reading…
by Chris Melson on May 16, 2010
Banks are holding back on new foreclosure notices, but moving fast on bank repossesions (REO’s). Attempted loan modifications and new government programs may be delaying bank foreclosure notices in Palm Beach County.
by Chris Melson on May 14, 2010
Land, land, land. They’re not making any more of it.
Bank approved at $185,000, this 3 bedroom 2 bath 2100 sq ft CBS home sits on over an acre of land. Plenty of room for a horse or two and then some. Great location, close to everything just off Southern Blvd., … [...] Continue Reading…
by Chris Melson on April 13, 2010
Bank of America will start foreclosing on 45,000 homes per month, up from 7500, by the end of the year according to HousingWire.com. This signals a change in how banks are handling foreclosures/short sales and may bring some of the much talked about ’shadow inventory’ onto the market.
Two major [...] Continue Reading…
by Chris Melson on April 10, 2010
“Your Graceful Exit”
Good video about short sales and deed in lieu from the US Govt. See posts below on taking the survey to see if you qualify for the new Govt Short Sale Program (HAFA).
by Chris Melson on April 8, 2010
Waterfront short sales make fantastic opportunities for responsive buyers. The buyers were able to close quickly and for cash on this highly upgraded townhome with a deeded dock boat lift. The buyers were actually the 2nd offer on the property as the original buyers were unable to close. The new [...] Continue Reading…
by Chris Melson on March 31, 2010
The Certified Distressed Property Institute has a new white paper out on the new HAFA program.
cdpe-white-paper-on-hafa
To see if you qualify for a HAFA short sale go to my Florida Home Aid website and take the HAFA qualification survey www.FloridaHomeAid.com.
by Chris Melson on March 10, 2010
The latest on the new HAFA program for short sales from the Calculated Risk blog….
More: Short Sales and 2nd liens
by CalculatedRisk on 3/10/2010 12:10:00 PM
This is a follow up on the previous post on short sales and 2nd liens. (the previous post had excerpts from the NY Times, Short-Sale [...] Continue Reading…