Another South Florida condo-hotel is scheduled for sale on March 14 at a foreclosure auction in Fort Lauderdale. The sale of the property was ordered by the Broward County Circuit Court as part of a foreclosure judgment filed against the developer by the loan holder....
Month: February 2012
New development in South Florida
South Florida's residential real estate market seems to be getting more appealing to developers as 22 new projects totaling 4,400 units start to get underway. This does not mean that all of the state's housing troubles are in the past, but it is certainly a very...
Proposed legislation spurs debate over non-judicial foreclosure
Florida homeowners have been hit particularly hard by the foreclosure crisis. Adding insult to injury in the eyes of some is a new bill some Floridian legislators are seeking to introduce that might allow for non-judicial foreclosures. Critics fear the law will help...
Governments and banks agree to $26 billion mortgage relief
In an effort to provide relief during the mortgage crisis that has affected so many Florida residents, state and federal officials arrived at an historic $26 billion settlement with five major mortgage servicers. Bank of America, Wells Fargo, JP Morgan Chase, Ally...
Floridians seek loan modifications, politicians say let banks decide
South Florida residents may have paid attention lately to the campaigning politicians who came to Florida and addressed, among other things, the troubles of the state's housing market. Struggling homeowners in Broward County and throughout South Florida are looking...
