According to Realty Trac, there is an estimated 368,000 backlogged foreclosure cases in Florida. On Monday, February 27, 2012 there was a 6-4 vote in a meeting held of the Senate Banking and Insurance Committee on a proposal commonly known as SB1890, which is a bill that was designed to shorten
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02/28/2012
In Central Florida, there are nearly 10,000 properties under contract each month. While some might say those are “good” numbers to have, in order to get a true picture of the real estate market, it’s best to look at how many closed sales there are each month as well. The Orlando Regional REALTO
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11/07/2011
When a home is listed, Sellers often ask if they should leave the home when a Buyer is scheduled for a showing. As an experienced REALTOR in Central Florida who has represented hundreds of clients, my answer is always the same...YES! Sellers often feel the need to stick around to tell the Buyer
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11/01/2011
As a listing agent for home sellers in Central Florida, I’m often asked how to best prepare for a showing. Below are the Top 8 things I suggest to our sellers: Cut the grass & pull the weeds: When buyers pull up to a home and get out of their car, the lawn is one of the first things they notice.
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09/16/2011
Chances are, if you are a buyer and are interested in purchasing a home in Central Florida, you will likely encounter more short sales than traditional or foreclosure listings in your search. When considering writing an offer on a listing that is a short sale, make sure that your buyer’s agent
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06/01/2011
In early May 2011, the Mid Florida Regional MLS (the source where all homes in Central Florida are listed for sale), changed their rules to allow for homes that are under contract to remain on the market using a new status called “Active with Contract.” According to the MFRMLS, the definition of
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05/23/2011
Earlier this month, Wachovia/Wells Fargo bank released a program in Central Florida called “Fast Track.” The “Fast Track” program was designed for mortgage holders with loans from Wachoiva, Wells Fargo and World Savings Bank in order to streamline the short sale process. “Fast Track” homes are th
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03/17/2011
Wells Fargo/Wachovia/World Savings Bank recently unveiled a new short sale program in Central Florida that was developed for homeowners holding loans by one of the three entities. The "Fast Track" program is one in which the short sale process has been streamlined, cutting out most of the munda
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03/14/2011
Believe it or not, there is a lending institution that recognizes the need to be proactive rather than reactive to the growing number of short sales in Central Florida. As many sellers, buyers and real estate agents know, the short sale approval process at most banks takes months (if not longer
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03/12/2011
Wachovia Bank recently unveiled this new program developed for homeowners holding loans with Wachovia, Wells Fargo and World Savings banks. The “Fast Track” program offers many advantages as compared to a normal short sale or foreclosure, as follows: No income, employment or other financial doc
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03/10/2011