Florida has been hit hard by the housing crisis, as many families continue to struggle to meet their mortgage commitments. Since the nation's mortgage problems are now an undeniable fact, a number of financial companies have made special efforts to work with mortgage...
Month: November 2011
Mortgage issues bring nationwide homeownership to 13-year low
Like many other states, Florida has been hit hard by the housing crisis. On a national level, homeownership in the United States, with respect to the third quarter of 2011, is at its second-lowest level in 13 years. As homeowners find it increasingly difficult to make...
Surprising mortgage study details Florida real estate woes
Most Florida residents already understand that the state is in the midst of a foreclosure crisis. What they may not understand is just how bad the situation really is state-wide. A report put out by LPS Applied Analytics suggests that the mortgage foreclosure...
Real estate appeals may rise after new tax bills arrive
A property tax firm in north central Florida says that a surprise on upcoming tax bills may be of serious concern to many Florida residents. The firm indicates that an "unintended consequence" of the Save Our Homes Amendment (passed in 1992) is to blame. People are...
Residential property values at issue in Brevard County
Florida residents looking to close on a real estate sale may be interested in a property assessment controversy unfolding in Brevard County. In Florida, real estate tax is based on assessed value, so that value plays an important part in determining the annual amount...