Blog Posts in October, 2013

  • 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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