Foreclosures
Are Foreclosures Good Deals? Or Not So Much?
If you’re paying any attention to the local real estate vibe, you’ve probably heard it said: “Maybe I can pick up a foreclosure property for cheap. . .” We in the biz hear that sentiment expressed often. But are foreclosure properties really offered to the buying public at a discount? The answer might surprise you.…
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Short Sales – How they Really Work
Just about everyone has heard of Short Sales, but few people really have a handle on what they are and how they work. Let’s therefore take a minute to run through the details, using a fictional family, the Andersons, as an example. The Basics In 2006, Bob and Jenny Anderson bought a 2-bedroom condo in…
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Foreclosure Listings Downtown a Rare Find
Some very positive news on the housing market in our area . . . The number of foreclosure cases filed in Palm Beach County fell 9% from January to February of this year. More impressively, the number of cases filed in February 2014 was down 49% compared to the same month last year. Granted, there…
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