Tag Archives: Richard Adams

Florida leads the nation in Foreclosures with three times the national average

Realtors will tell you that the market is heating up. They are clamoring for listings and the ones they get sell within days, with multiple offers and usually for over asking price. But statistics still show that Florida is the … Continue reading

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Florida’s 2012 Legislature Aims to Help Homeowners with Proposed Foreclosure Bills

Foreclosure rates in Florida are much higher than the rest of the nation and South Florida tops them all. According to CoreLogic, the foreclosure rate in Miami-Dade County in October 2011 was 18.13 percent, while the national foreclosure rate was … Continue reading

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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This March, the Obama administration will implement a newer version of the federal Home Affordable Refinance Program, dubbed HARP 2.0.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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Loan Modification Programs Help Struggling Homeowners

Until recently, struggling homeowners who are underwater in their mortgage had little choice to dig their way out of their financial crisis. The alternatives were Foreclosure or Short Sale, which results in them losing their home and damaging their credit. … 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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