Often, the real property is the only asset of the estate that has any significant value. It is therefore incumbent on the personal representative to understand how the mortgage affects the administration of the estate and how failure to make timely payments on the mortgage during the estate’s administration can result in the loss of the real.
Seacoast was teetering on the brink a decade ago, as the bank’s construction-heavy loan book (roughly one-third of the book) threatened to kill the bank as the Florida real estate market collapsed.
Home prices in the Orlando real estate market are expected to rise by 4.5% by the end of 2019. Owing to its picturesque beaches and rapidly improving quality of life, Orlando, FL is proving to be a secure real estate investment destination for not only local but also international investors.
One year on, oil from the largest spill in U.S. history clogs wetlands, pollutes the ocean and endangers wildlife, not to mention the toll it has inflicted on the coastal economies of Florida.
Honesty is everything in today’s real estate market, and sales volume and valuation are currently reflecting that. You need an honest real estate agent assisting and guiding you through the purchasing process. Whether investing or purchasing for the first time, Costa Bella Realty Group will.
For a recovery to take place, the supply of foreclosed properties. according to the Jacksonville, Florida-based real estate services company. “It would take less than three years at current rates.
If you are on the brink of foreclosure, need a real estate attorney, in theory anyway, should help slow the decline in real estate values. This is just another example of the ongoing mortgage crisis which has taken hold in South Florida. the NBC nightly news provides a snap shot into this growing trend.
· http://www.JanetBerry.net/Orchards To Assist you with staying up to date with the Naples Real Estate Market, this Market Snapshot and Update for The Orchards.
At the depths of the real estate recession in 1991, developers were fond of the saying, ”Stay alive until ’95.” The feeling was that, by 1995, the economy would have recovered and real estate.