Foreclosures happen in Florida when an individual or group is severely delinquent in payments or can no longer make payments on their mortgage. Any number of situations can contribute to the foreclosure process beginning: an injury preventing work, the loss of a job, a divorce or other financial strains. Foreclosure is the process of the bank or lending institution getting the property back and reselling it to recoup their money.
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The Housing Market

Everyone is interested in the housing market for one reason or another. Some are looking to sell homes, others are looking to buy, and many people are looking for information on apartments and condos as well. Deciding on where you want to move is one of the major factors in choosing a home and making the best of what the housing market has to offer. If you’re moving to a major U.S. city like Chicago, Los Angeles, Las Vegas, New York, or the state of Florida, you’ll want to find out as much about the real estate market and home buying suggestions for each area. Here is some information that will definitely help. (more…)

An adjustable mortgage is an arrangement where a homebuyer takes out a loan with a variable or “floating” interest rate. This means that the interest rate paid will move up and down according to current conditions in the real estate market. (more…)

Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal - especially the first time. Here are some things to look for to be sure that rental is a great investment. (more…)

Motivated sellers? My wife and I were trying to keep the renters happy, the rent coming in and the house repaired - while living 2100 miles away. You bet I was motivated. We just sold our house last month, and even got a good price, but I’ll tell you a secret. We would have sold the place for… (more…)