“Short Sales” is the hot catch phase these days in Florida. Everyone in Real Estate and Mortgages talks about them… and for different reasons.
As a Florida Mortgage Professional, I get calls and emails all the time from worried homeowners wondering if they should start Short Sale Proceedings.
There are a few ways to decide whether […]

Thinking about a Short Sale got you frustrated?
One common question that comes up quite often in discussing Short Sales with people who call me with questions is:
If my Mortgage is for $150,000 and the Short Sale is for $100,000, what happens to the $50,000??
Well… good question. Believe it or not if you structure the Short […]

If you are a homeowner with a Home Equity Line (HELOC) in Florida you surely know that Bank of America and other banks are freezing  or shrinking your available funds.
In a response to the market drop and shareholder pressure, Banks have decided that the need to keep a handle on the extra debt that they […]

Rates are screwy… the Florida Real Estate Market is terrible… Alan Greenspan is talking about recession… Ben Bernanke is  lowering rates with a baseball bat… Barry Bonds was using steroids but a typo might get him off… Roger Clemens was maybe using steroids but he’s going to get a presidential pardon…
and you think NOW is […]

Listening to the News - Local in Florida or National on CNN, Headline News or MSNBC - you learn that there is a big chasm in the interpretation of “The Market” and what that actually refers to.
To some, “The Market” is a MacroEconomic entity that encompasses all the good and especially the bad from […]