What is an Orlando Certified Distressed Property Expert [CDPE]?
It means that an Orlando Realtor with the CDPE designation is someone that is supposed to understand the complex and ever changing issues in today's Orlando Real Estate market. The Orlando agent should have knowledge of foreclosure [...]
Short Sales Outnumbering Foreclosure Sales in a Big Way.
The Orlando foreclosure crisis is nowhere close to being over, but the light at the end of the tunnel is getting brighter everyday. Orlando short sales are a win win for everyone involved. Short sales [which occur when homeowners sell their[...]
Homeowner Associations have gotten tougher and tougher to negotiate with over the years. It used to be that an Orlando homeowner trying to short sale their house wouldn't have to worry about paying their delinquent HOA dues until the closing date. Not only that, but they would also settle for a [...]
For the first time Orlando short sales are becoming more popular than sales out of foreclosure. As a matter of fact, in Florida short sales have outnumbered bank-owned home sales since July. Lenders are favoring short sales more and more these days, with good reason. Short sales have proven to [...]
Last week we picked up a new client , we’ll call him “Joe”, and his story one that we’ve heard far too many times, only the characters were different. So I felt that I needed to share it with everyone in hopes that someone will benefit from it.
Joe fell behind on his mortgage about 6 months[...]
We all know how thousands of Orlando homeowners have suffered through this foreclosure crisis since 2007. There is another group of individuals that is also feeling the effects of all this…Lenders.
The truth is, banks have taken an extensive beating over the last few years and the effects are[...]
There’s been a lot of buzz about the rising numbers of foreclosure filings in Orlando. The truth is that the increasing number Orlando Foreclosure filings can be deceiving.
It’s important to know numbers and statistics when you’re a top Orlando realtor, it’s even more [...]
When you examine the current Orlando real estate market a few things are undeniable. The most important fact, there has been a huge decline in Orlando home prices since 2006. Secondly, the foreclosure inventory is still incredibly large. The third factor is that interest rates remain low.
Home values are being negatively affected by an increasing amount of foreclosures
Orlando Florida Foreclosure listings keep on growing, continuing to push down home values and casting a shadow over the efforts of local and state governments to stabilize and strengthen the housing market.