Tag Archives: homeloans

HARP 2.0 Intends to help more homeowners, but who qualifies?

This March, the Obama administration will implement a newer version of the federal Home Affordable Refinance Program, dubbed HARP 2.0.  The original HARP program which was created in 2009 helped less than 30 percent of the homeowners it intended to … Continue reading

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The Short Sale Process Explained

Despite recent upticks in the South Florida housing market, many homeowners who purchased property at the peak of the real estate market find themselves underwater in their mortgage. Although the prognosis for the market is good and we are seeing … Continue reading

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Federal Guidelines Expediting Short Sale Procedures

By now you’ve probably already heard about the benefits of a short sale if you are facing a foreclosure situation. With a short sale transaction, the bank accepts less than is owed and forgives the balance of the mortgage. There … Continue reading

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Foreclosures Continue to Cripple the South Florida Real Estate Market

Talk to any Realtor these days and they will tell you that they cannot get enough listings. Homes are selling faster than they can put them on the market. They are getting multiple offers, over asking price and cash buyers. … Continue reading

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