Palm Beach County Home Sales Strong- Inventory Shrinks And Prices Decline The median price of a home in Palm Beach County fell to $180,300. That means that half of the homes sold in Palm Beach County sold for more and half of the homes sold for less. The prices fell about 20% last month overall… Continue Reading
Monthly Archives: October 2011
Citigroup Paying $300 Million- To Settle Civil Fraud Complaint
Citigroup Settles For $300 Million – Civil Fraud Complaint Citigroup settles a civil fraud complaint. It was alleged that Citigroup promoted an investment tied to the housing market where they did not tell their investors that they were betting that those same securities would fail. Securities and Exchange Commission says that Citgroup took $1 Billion of… Continue Reading
South Florida Newspaper Reports Are One Sided Towards The Buyer
Sun Sentinal printed a very one sided article mostly about listing agents in our markets. The staff writer took one buyer, interviewed her and then presented her complaints which we will address in this post. However, with each allegation there was no interview or record of the defense or the counter. This was a very… Continue Reading
Bank Of America Offers Wellington Homeowners $20,000 For You To Do A Short Sale
Attention: Wellington Homeowners in Foreclosure or behind on your payments. If your loan is being serviced by Bank of America- the nations largest mortage servicer- you may just happen to qualify to get up to $20,000 to do a short sale instead of waiting for the day you lose your home to foreclosure. You must… Continue Reading
We Were Listing Wellington Short Sales When Countrywide Was Still In Business
We were listing Wellington short sales when Countrywide was still in business. Nestor successfully closed his first short sale in 1995 and I did some short sales back during the 80′s recession. When we started blogging about short sales in 2007 very few agents knew what a short sale was or how to do one…. Continue Reading