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Customer Question: What is the Difference Between a Potential Short Sale and Bank Owned

What is the Difference Between a Potential Short Sale and Bank Owned? We deal with a lot of customers and we get a lot of the same questions. This is one that's asked often. A bank-owned/REO (Real Estate Owned) property is one that has already been … [Read more...]

Home Buyer Tax Credit Deadline Looms for Daytona Beach Home Buyers

Home Buyer Tax Credit Deadline Looms - It's Already Close for Short Sales The Home Buyer Tax Credit that went into place at the end of last year will expire on April 30 in its present form. Homes and condos must be under contract by that date and … [Read more...]

More Perspective on Short Sales

What You Must Know If You Are Planning to Buy A Home Now 55% of Florida home sales in September were REO (real estate owned) and short sales according to Lender Processing Services (LPS). As a home buyer, the Daytona Beach condos and homes you will … [Read more...]

One Out of Four Florida Mortgages Reported In Foreclosure or Delinquent

Florida Leads The Country in Foreclosures The Sun Sentinel reports in a recent article - Florida leads the nation in foreclosures: One out of four Florida home mortgages is in foreclosure or delinquent.The third quarter report from the Mortgage … [Read more...]