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Florida Foreclosure News »

[10 Aug 2010 | No Comment | ]

There is a danger of another wave of foreclosures hitting South Florida, according to Blomquist from RealtyTrac. RealtyTrac reported that nearly 38,000 Broward homes were in some stage of forelcosure during the first half of 2010.

Florida Foreclosure News, Headline »

[9 Aug 2010 | No Comment | ]

With all 4% of homeowners receiving a foreclosure notice during the first half of 2010, the Miami metro area has the nation’s 10th highest foreclosure rate, according to RealtyTrac.
That Miami metro area, which includes Palm Beach, Broward and Miami-Dade counties, had 94,466 homes in some stage of foreclosure from January to June. That’s an 8% decrease from the previous six months, but up almost 11% during the same time period last year.
RealtyTrac, a research firm based in Irvine, California, studies the nation’s top 200 metro areas. It compiles …

Florida Foreclosure Mediation, Florida Loan Modification, South Florida Short Sales »

[16 Jul 2010 | No Comment | ]

It’s sad to say that during these troubled times more people are watching their homes go into foreclosure. This happens to homeowners for many reasons. Whatever the cause, lenders do not think of homeowners as humans. They are a calculated number, a risk and if you are a negative number to them, your options may be limited. Without knowing their options, a homeowner can be left feeling very helpless.
Once a homeowner falls behind on their mortgage payments, the calls start flowing in like floodwaters from a broken dam. This is …