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Fourteen Realtors® from Realty World Homes of Distinction have earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the foreclosure process. Continue Reading…
Foreclosure is not the answer for the homeowners in crisis, which seems to be increasing throughout Polk County, Florida.
I’ve heard horror stories of homeowners packing up during the middle of the night, and homeowners that have actually mailed their keys back to the lender and just walk away from their homes. There is another alternative, one that you should seriously consider as soon as you find yourself in a distressed situation. Doing a short sale on your home is so much more beneficial to your credit and much easier and quicker to repair than having a foreclosure on your record. Continue Reading…
If you are a first time homebuyer, what are you waiting for? Interest rates are at an all time low, there are an abundance of homes to choose from, and the sellers are motivated. And last but not least…the new stimulus bill will allow you to claim a credit worth $8,000, or 10% of the home’s value, whichever is less on your 2009 taxes. The tax credit of not a loan and does not require repayment provided you on the home for 3 or more years. Continue Reading…
Home values rise and fall based on many factors. Recently the economy, the volume of homes on the market and the rash of foreclosures have contributed to the decline in home values. With the subprime lending that ran ramped in the peak of the home sales in 2005 and 2006, home buyers were able to buy more house than they could realistically afford. This has lead to the continued increase in foreclosures.
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