Q and A with Jenny Zamora, RE Broker, Orlando Short Sale Expert
Jenny Zamora, Orlando Short Sale Expert
Q- My house is worth less than what I owe on the mortgage and there’s no way I can afford to continue making payments on it because I lost my job and [...]
Stop Foreclosure Before It Starts
Are you behind on your mortgage and worried that the lender might go after your other assets if your home gets foreclosed on?
Unfortunately, it can happen if you live in Florida. This scenario can occur in an instance where if the bank is unable to recoup the [...]
Loan modifications have helped thousands of Orlando homeowners to keep their homes.
However, you must be aware of the fine print and know exactly what it will mean to you. Sometimes the terms of a loan modification are often worse than the original mortgage. The best loan modifications are when [...]
"The City Beautiful" a great place to invest in real estate
Orlando is undoubtedly one of the most frequently visited places in the United States. The demand for real estate in Orlando is constantly on the rise. In fact, in recent times Orlando has witnessed an immense growth in the world of real [...]
Bank of America Stepping up their game to help out Orlando homeowners
On Tuesday Bank of America Corp. launched a nationwide program that offers increased relocation payments to delinquent mortgage customers that care able to qualify for short sales.
B of A tested this program in Florida [...]
Orlando Realty Sales are slowly overtaking the number of distressed properties coming on to the market
Chief Economist Dr. John Tuccillo says "The fear is that the inventory of delinquent and foreclosed loans will be released onto an already weakened market," , explaining the findings of a new [...]
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 [...]
HOA foreclosures are becoming more and more common these days. Tired of putting up with late dues and mounting maintenance bills, some homeowner associations are motivated by spite and revenge, instead of sound business sense, to foreclose on delinquent owners.
I believe that taking title to a [...]
The Mortgage Debt Relief Act of 2007 is set to expire
The tax-relief provisions enacted by Congress during the housing crisis to help financially strapped homeowners is about to come to an end. This is the 2007 law that allows taxpayers to exclude from income the amount of debt that is forgiven [...]
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 [...]