I'm Underwater on My Home - What Do I Do Now? Many Daytona Beach Homes owners are underwater on their home, meaning that there home is worth less than they owe. The North County Time in the San Diego area published a good article recently describing … [Read more...]
Foreclosure and Delinquency Rates Rise
November 20, 2009 by Leave a Comment
The Foreclosure Wave is Nowhere Close to Ending A new record high of homeowners delinquent on the mortgage or foreclosure was reached in the third quarter. Rising unemployment and balloon and teaser rate mortgages coming due through 2011 means that … [Read more...]
Does a Short Sale Hurt My Credit?
September 14, 2009 by 1 Comment
How a Short Sale Affects Your Credit I've been asked several times by Daytona Beach homes sellers about how a short sale will affect their credit scores. Each situation is different, but there are a few common points that you need to know. Late … [Read more...]
First Half 2009 Daytona Beach Homes Sales Strong in Some Segments
August 2, 2009 by Leave a Comment
First Half 2009 Daytona Beach Home Sales Up 1735 Daytona Beach homes and condos were sold in the first half of this year. That's up from 1433 in the first half of 2008's for a 21% improvement. What's interesting is to see where the sales are coming … [Read more...]
Short Sale Survey Facts
May 13, 2009 by 2 Comments
New Survey Gives Banks Low Marks for Short Sale Process Arthur Delaney at huffingtonpost.com, wrote an article titled Short Sales: How Everybody Loses From Banks' Opposition. The article cites a survey conducted by Campbell Communications that may be … [Read more...]
