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Florida launches statewide program to help Florida’s hardest hit homeowners avoid foreclosure

Florida launches statewide program to help Florida’s hardest hit homeowners avoid foreclosure

TALLAHASSEE, Fla. – April 19, 2011 – A $1 billion program expected to help 40,000 Floridians stave off foreclosure opened statewide Monday, setting off a first-come, first-served rush for government-aided mortgage payments. The Florida Hardest Hit Fund program, administered by the Florida Housing Finance Corp., is designed to aid unemployed homeowners by paying their mortgages [...] Read more

‘Distressed’ property in Florida: short sales, foreclosures..

How to know if you are a good match for a distressed property… distressed: foreclosure, short sale, needs ‘tlc’ and fixer upper 1. Almost all distress sales are sold as is. You have right to inspect, but what ‘as is’ means…seller is not taking responsibility nor promising to make repairs, replacements or upgrades, prior to [...] Read more

Buying New, Resale, or “Distressed” Property in Florida

Weighing your options? We all know that if you can, NOW is a great time to buy a home. Before you determine what type of home you will purchase there are three major topics to address: 1. Know your buying ‘power.’ If paying cash, how much cash is available for the purchase, closing costs, additional [...] Read more

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