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Category Archive for: ‘Sellers- Short Sale’

2568 Westwood Ave , New Smyrna Beach, FL 32168- Bank Approved Short Sale

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Bank Approved Short Sale 2568 Westwood Avenue New Smyrna Beach, Florida 3/2 with 2200 Square Feet of Living Space Located in New Smyrna Beach More Photos [gview file=”http://daytonaforeclosurepro.com/wp-content/uploads/2014/06/Binder13.pdf”] READY TO CLOSE IN THIRTY DAYS CALL 386-385-8185

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Volusia County Ranked Top in the Nation for Flipping

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Opportunity is Everywhere! If you know how to capitalize on it? A recent article in the Daytona Beach News Journal highlighted flipping homes as a great way to subsidize your retirement. Ranked as the top county in the entire US for flipping houses if you know where and how to find the great deals. It used to be that one …

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Foreclosure Summons in Daytona Beach, Florida

What should you do when ….  You are served with a  “Notice of Default” AKA “Court Summons” For a Mortgage Foreclosure in Daytona Beach, Florida While attempts have been made to verify information provided in this publication, neither the author nor the publisher assumes any responsibility for errors, omissions, or contradictory information contained in this document. This document is not …

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Is the Housing Recovery for Real in Daytona Beach, Florida

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Is supply Raising Demand? For months, I have mentioned in passing the potential impact the so-called “shadow” inventory might have on the housing recovery and residential investors in general. While everyone knew this inventory, comprised of homes with loans more than 90 days past due that have not been foreclosed and upon and are not on the market, existed, it …

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Short Sale Standards for Military Personnel in Daytona Beach, Florida

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US Servicemen Eligible for Short Sale help! Lenders offer cash payments once a borrower wants to pursue a short sale, said former Air Force officer George Chung, senior vice president of Wells Fargo Home Lending.  The incentive offered by Wells Fargo is generally about $3,000, Chung said. That’s over and above the bank’s agreement to allow the house to be …

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Freddie Mac Fails Taxpayers and Homeowners…Again

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Foreclosures in Daytona Beach, Florida Office of the Inspectors General  The OIG recommends that FHFA ensure that Freddie Mac requires it’s service rs to report, timely resolve, and accurately categorize escalated cases; second, that FHFA ensure that Freddie Mac enhances it’s oversight of it’s servicers through testing servicer performance and establishing fines for noncompliance; and third that FHFA improve it’s …

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Attention Agents: Fannie Mae will directly approve short sales:

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Fannie Mae will Directly Approve your Daytona Beach Short Sales: In an effort to prevent foreclosures and help stabilize communities,Fannie Mae introduced its HomePath for Short Sales tool to help assist common short sale challenges. The escalation tool is available to any real estate professional working on a short sale that involves a Daytona Beach Fannie Mae-owned loan. Once the short …

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WARNING: BE AWARE OF SCAMS INVOLVING FRAUD

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Short Sale Scam Artists WARNING: BE AWARE OF SCAMS INVOLVING FRAUD IN DAYTONA BEACH, FLORIDA Short Sales are not new; lenders have been accepting short sale offers in lieu of foreclosure since the mid 80’s. They have only recently gained popularity because of the large number of foreclosures taking place in the past few years. As with any industry or business …

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Daytona Short Sales

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FORECLOSURE SALES AND SHORT SALES ACCOUNT FOR 43 PERCENT OF U.S. RESIDENTIAL SALES IN 2012   Non-Foreclosure Short Sales Increase 4 Percent, Account for 22 Percent of all Sales Pre-Foreclosure Sales Increase 6 Percent Annually, REO Sales Down 15 Percent IRVINE, Calif. – Feb. 28, 2013 — RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its Year-End …

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REO’s VS Short Sales- Valuations are the Key!

 V A L U A T I O N   I S   C R I T I C A L Historically, a real estate owned tag indicated that a property was discounted. The explosion in the number of REOs in Daytona Beach became a great way for investors and consumers to purchase properties for a steal. However, this is not always …

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