2013

Blog Posts in 2013

  • Florida nursery chooses foreclosure alternatives -- bankruptcy

    As most Florida readers likely know, becoming underwater in debt is an all-too-common, unfortunate situation. Even though the economy has improved in recent years, many consumers and businesses are still fighting their way out of debt. One of the most challenging aspects of debt for many is facing foreclosure -- if they are unable to meet their mortgage, loan or other payments successfully. For ...
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  • Florida court ruling for residential real estate property issues

    A recent ruling by the Florida Supreme Court could help many homeowners and homeowners associations that may be experiencing problems with their property. While courts typically used to rule in favor of the buyer beware attitude when it comes to real estate, this new ruling regarding the infrastructure of the community, which provides what are deemed essential services, will help make developers ...
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  • The threat of foreclosure still a problem in Florida

    According to some reports, the amount of foreclosures that are waiting to be dealt with in Florida are at an all-time low since the real estate crisis began some five years ago. At first glance, this appears to be good news. However, a closer look reveals that the threat of foreclosure is still a reality for many Florida homeowners. Some analysts believe that the new law that seeks to expedite ...
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  • Florida residential real estate property issues with a sinkhole

    A Tampa Bay family is currently suffering through the uncertainty of dealing with a sinkhole under their home. The family has reported that the stress of dealing with the sinkhole has even caused health issues. While there are many residential real estate property issues that a homeowner may face in Florida, it seems that sinkholes are becoming a common occurrence in the area. One of the biggest ...
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  • The threat of foreclosure: Florida slow to help homeowners

    Certain states are being hit harder by foreclosures, and Florida is one of them. However, many of the states that are experiencing high foreclosure rates, are not spending the millions of dollars set aside to them by the federal government -- money that is intended to assist homeowners facing the threat of foreclosure . In fact, the federal government has set aside $7.6 billion in its Hardest Hit ...
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  • Florida men convicted of loan modification scam

    In today's economy, homeowners are often looking for financial assistance in a variety of ways. As real estate prices have fluctuated across the country, and unemployment rates have become more of a factor, homeowners are turning to options that can help alleviate some of their burdens, such as a loan modification . Two Florida men were recently convicted of charges related to defrauding ...
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  • Florida expanding condominium association services to homeowners

    Moving into a new condominium in Florida often means that you need to register with a condominium association . A condominium association can be beneficial in a variety of ways including community safety, development of common areas, and assisting in disagreements between tenants. In a recent move by the division that monitors condominium associations, timeshares and mobile homes, homeowner ...
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  • Florida homeowners still face high threat of foreclosure

    Earlier this year, the state of Florida was leading the country as number one in the amount of foreclosures. While other states may be close behind, Florida still has that title for the largest percentage of completed foreclosures and threat of foreclosure . Even so, the amount of foreclosures have dropped. Over 100,000 homes have gone into the foreclosure process just within the last year in ...
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  • Florida homeowner looking to modify, faces threat of foreclosure

    Florida is known for being near the top of the list when it comes to foreclosed homes. The unemployment rate may have begun to decline, but foreclosures have not dropped noticeably. The threat of foreclosure looms especially high for those who are still unemployed or struggling to catch up on the bills that piled up during the period of unemployment. One Florida man recently discovered just how ...
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  • Florida underwater homeowners face daily threat of foreclosure

    After the economic meltdown that occurred in 2007 and 2008, many homeowners have found themselves struggling to pay off their underwater mortgages. As the threat of foreclosure looms, they worry about the fallout that could occur if they lose their homes. This threat of foreclosure sometimes takes over their lives and leaves them stressed almost to the breaking point. There is little doubt that ...
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  • Florida residential real estate thrives on foreign purchases

    Florida has the glamour, beauty, social and cultural resources to attract home buyers from all over the world. International involvement in residential real estate deals made up 8 percent of all homes sales in Florida over a 12-month period ending in July 2013, according to the Florida Realtors Association. The organization has published a recent report entitled "2013 Profile of International Home ...
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  • Insurance hikes affect Florida residential real estate owners

    On Tuesday, Oct. 1, premiums for flood insurance were set to skyrocket for many Florida homeowners and businesses. Many fear that the rate increase will hurt residential real estate property values and lower home sales for the areas affected. Florida is the state that will be hit the hardest by the rate hike because 37 percent of flood insurance policy holders live in the state. Most people ...
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  • Florida threat of foreclosure may be lifted for 10,000 residents

    When someone's Florida house is deemed "underwater," it doesn't refer to its proximity to beachfront property. Instead, the term is used to refer to residences with mortgages that are higher than the properties are worth. For homeowners in this predicament and who are unable to keep up with their monthly house payments, the threat of foreclosure becomes all-too-real. Fortunately, that threat of ...
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  • Florida law may guard against threat of foreclosure for some

    During the height of the housing market, many background checks on potential buyers were missed due to a high amount of closings being conducted. Now, lenders may be facing backlash for approving mortgages before checking the marital status of most applicants. Florida has a homestead law that protects homeowners and their homes from threat of foreclosure in case the only spouse that signed the ...
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  • Tips for buying residential real estate in Florida

    With the economy and real estate market back on the upswing, many people in Florida are looking to buy. When it comes to large purchases such as homes, people can be hesitant and not quite sure how to proceed. Whether a person is buying a primary residence or an investment property, there are some things to look out for when purchasing residential real estate . The first thing to remember is not ...
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