Larry Tolchinsky | January 25, 2011
The big question for home owners – and bargain shoppers looking for real estate deals – is how safe is it to buy a foreclosure property right now? In a year or two, will someone be knocking on the door claiming ownership? Up in Massachusetts, there is a court that is answering that question for [...]
Larry | January 20, 2011
Renting your home is becoming more and more popular in South Florida, reports The Miami Herald – and the idea of leasing a house, condo, or apartment may seem smart in today’s real estate market for lots of folks. Some may be victims of ForeclosureGate, renting homes for their families after losing their houses to [...]
Larry | January 18, 2011
The Miami Herald is covering the news about what’s happening in Florida with foreclosure sales right now: homes that were priced at $250,000 or more are being bought at Palm Beach County foreclosure sales in January 2011 for as little as $200.00. That’s right: two hundred bucks. And, if that seems too good to be true, [...]
Larry | January 13, 2011
Today, the 2010 national foreclosure tallies were released by RealtyTrac — and the astounding total of over one million (1,000,000) homes being foreclosed by banks across the country is serious news. The numbers just keep getting higher each year (see the graph for details at NPR’s site). Granted, the foreclosure rush ebbed this fall; however, [...]
Larry | January 11, 2011
Recently, the Miami Herald did an excellent recap of the impact of Foreclosure Gate on the Florida economy – particularly the South Florida real estate market. Fraudulent foreclosure practices in Florida (through robo-signing, etc.) have had a detrimental impact upon consumers, investors, lenders, as well as local and state governments. There doesn’t seem to be [...]
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