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All Posts Tagged Tag: ‘Real Estate Investing in Daytona Beach’

3043 Juniper Dr Edgewater, FL 32141- $85,000.00

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Property Details Price: $85,000 Bedrooms: 2 Bathrooms: 2 Square Footage: 1250 Lot Size: 0.23 acres Year Built: 1985 Type: Single Family   Great property in Florida Shores near some of the best fishing opportunities in Mosquito Lagoon the “Redfish Capital of the World”. Light repairs are needed on this one to make it a good home or rental. The previous …

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Zombie Foreclosures in Daytona Beach continued….

Zombie

Zombie Foreclosures. . . According to a 2013 study performed by RealtyTrac, a real estate data company, there are currently more than 300,000 zombie properties in existence. Almost a third are in Florida, with a whopping 90,556 zombie foreclosures on the market. They exist in every market throughout the country. If you look a them creatively, they are really diamonds in the …

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Foreclosures Now vs The Great Depression

FL Foreclosure

  The San Francisco Chronicle notes that it is difficult to keep track of foreclosure rates now … let alone during the Great Depression:  “Foreclosure rates of the late 2000’s are often compared with those of the Great Depression, which took place through the first half of the 1930s. However, there were no public or private agencies keeping track of …

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Short Sale Valuations Impact Housing Market in Daytona Beach, Florida

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New Policies from the GSE’s Speed up Short Sales in Daytona Beach, Florida Both Fannie Mae and Freddie Mac have implemented policies to expedite the short sales process, including new resources to help determine property values, according to panelists at a property valuation forum during the Realtors Midyear Legislative Meetings &Trade Expo here.   Short sales continue to represent a …

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Agents are you dealing with Daytona Beach Florida Homeowner who “Wants More Time”:

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Do you have a Daytona Beach homeowner who is upside down with negative equity but not sure what to do?   Educating the homeowner is the first thing you want to do to help them understand what their options are when they are upside down and facing negative equity. Their first priority is protecting their credit, putting a difficult situation …

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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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“There are more than six million properties in distress, a third of those have a bank foreclosure initiated.”

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“There are more than six million properties in distress, a third of those have a bank foreclosure initiated.”  “The volume of serious delinquencies and foreclosures over-shadowed the number of foreclosure sales by 50:1.” – Core Logic – (This means that forevery property that is actually selling via foreclosure there are 50 more that are seriously delinquent right behind it.) • Number of …

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Survey: 80% of Strategic Defaulters Want to Return to Homeownership:

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Daytona Beach Short Sales   The American Dream of homeownership has been resurrected among strategic defaulters, a foreclosure agency stated in a recent report. After surveying previous clients, YouWalkAway.comfound nearly 80 percent expressed a desire to purchase a new home again within the next 12 months. YouWalkAway.com explained it’s common for previous customers to desire homeownership since interest rates are low …

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Is Short Sale Flipping Illegal?

FL Foreclosure

How the DPC is effecting change on a Congressional Level For those of you who are unaware. The Distressed Property Coalition is a private advocacy effort dedicated to private market solutions, smaller government, and protecting taxpayers. DPC educates and advocates in support of policies consistent with these goals to achieve a private market solution to the housing crisis. Representing the …

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Short Sale Investing In Daytona Beach, Florida

Is your loan backed by the Government? Now that things have changed, and changed in a big way as far as working short sales, you need to know from the beginning if the loan you are going to be working on is a GSE loan or not (Fannie or Freddie). Here’s where you can easily lookup to know for sure: …

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