News from South Florida loans from the Sun Sentinel "A greater proportion of home loans in South Florida are distressed than in any other region in the United States, according to data from Foreclosure-Response.org, the Sun Sentinel reported. The Web site is a joint initiative between Local Initiatives Support, Urban Institute and the Center for Housing Policy. It is the seventh quarter in a ...
Nick Nanton, Esq. and JW Dicks, Esq., co-founders of Dicks + Nanton Celebrity Branding Agency, have recently signed nationally recognized Real Estate Broker and REO Default Professional, Henry Benito
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Equator's technology delivers unparalleled efficiency in processing and negotiating REO’s, so it was no surprise that the company chose our very own Henry Benito - a pioneer in the real estate industry and well-versed in technology. Please click here to view the Equator Winter 2012 Agent Newsletter.
Interesting read from the Miami Herald: "The push is on in Florida to cut the courts out of the foreclosure process. Supporters of the concept — which is used in nearly 30 states — say it will speed foreclosures, get houses back onto the real estate market and boost the economy. Opponents say it puts property owners at the mercy of banks..."
The article continues: "Bottom line: Foreclosures t ...
Front page of the Miami Herald on one of our Bank Owned listings. As one of the leading foreclosure brokers our signs grab attention of Buyers and the media. We have received several Buyer calls and web traffic from this article and will follow up with these Buyers to offer them more of our up and coming REO inventory.
Even though we didn’t ask to be featured or had anything to do with the financial meltdown in the U.S. we are glad and proficient in helping the lenders clean up the mess. Click here to view the trailer.
Great article at The Real Deal: "South Florida is first in the country for the number of mortgage fraud suspicious activity reports per capita, according to a new report from the Financial Crimes Enforcement Network. The region, which recorded 11,833 such reports last year, also leads the nation in Medicare fraud and auto insurance fraud."
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Here is a chart of South Florida's residential inventory:
"Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing."
Continue reading the article at The Real Deal
"A home in Lauderhill is the first of dozens of homes in South Florida that will get rid of toxic Chinese drywall at the expense of the company that developed it.Three-hundred homes with defective Chinese drywall will be repaired by the manufacturer in a new pilot program."
"It's not just removing the drywall and putting in new," said Howard Ehrsam, of Chinese Drywall Screening. "You have to ...