January 2011 RSS Feed

Often homeowners find themselves in the difficult position of being months behind in their mortgage payments with no way to catch up. In these cases, a foreclosure would appear to be imminent. But there is another option that is getting more attention during the current housing crisis. A real estate “short sale” may be a good alternative to foreclosure.

In a short sale, the lender agrees to accept a sale of the home for less than the current outstanding loan balance. It might seem no lender would agree to these terms, but there are times when a short sale is preferable to foreclosure. For example, if the home is in an area where numerous properties are on the market, a short sale could be a good idea.

Not all properties or homeowners qualify for a short…

Ft Lauderdale Condos are not all created equal, and no two fit the same buyer perfectly. Howvever, if price is high on your list and price also means value, I want to bring your attention to something that has happened at The Tides at Bridgeside Square Condominium over the last few weeks.

For the owners of Tides Fort Lauderale Condos I can assure you there is good news within this story. The Tides Fort Lauderdale is well managed, newer building just across from Shooters, and the new Chart House on the intracoastal. You can read all about the building on our web page at The Tides Condominium Fort Lauderdale. The Tides has a solid reserve funde, very few deliquent condominiums compare to many properties, and offers a great lcoation.

Over the last few…

Current Rates according to www.bankrate.com

30-year fixed:     4.53%

15-year fixed:     3.92%

5/1 Arm:             2.80%

Very often we have requests for Fort Lauderdale Waterfront Foreclosures and very often I sit down to write personal notes discussing the Fort Lauderdale Real Estate market and how the finest properties in the Ft Lauderdale Real Estate market are simply not sitting on the foreclosure lists waiting for the right buyer to come along.

At Eric Miller and Associates numerous articles have been written about the value of the land in Fort Lauderdale Real Estate. In a real estate market like Fort Lauderdale where land is a scarce commodity it only makes sense that land would make up a larger portion of the value of a home than it does in other parts of the country.

Today I get to bring my readers exactly what they have asked for a Fort Lauderdale Waterfront home…

How Short Sales Affect Your Credit And Community

When facing tough financial times you may end up losing your home. Losing a home is one of the most devastating feelings any human can endure. A home is not just a property, but a place where memories are made, where your family shares the good and the bad times in their lives, and the foundation to a healthy family environment.

Losing a home is the last thing any family wants, but in some instances, you may not have a choice.  It’s vital for you to understand the affects a foreclosure has compared to a short sale on your future, your community, and your credit.

How Short Sales And Foreclosures Affect Your Community

When a home is foreclosed on, the home usually becomes damaged and is under…

Fort Lauderdale Real Estate News seems to ignore a well known fact among the insiders of the Ft Lauderdale Real Estate Community.  2011 will be the last year to purchase a brand new condominium in the Ft Lauderdale Condo market for at least 4 to 5 years.

If you have been thinking for years about purchasing a New Condominium in the Ft. Lauderdale area, wait no longer time is simply running out on new Condos in Ft Lauderdale.

 

When Fort Lauderdale Real Estate prices collapsed, in approximately, 2006 there were only a few buildings under construction in the Fort Lauderdale Condo Market. If you add Pompano Beach, and Lauderdale-by-the-Sea to be part of the Fort Lauderdale Real Estate market, only three additional new developments get added to the inventory…