Tag Archives: mortgage
What is the Difference between a Short Sale and a Foreclosure, and how will it affect me?
This is an all to common question being asked today. To keep things as simple and short as possible, I am not going to go into the details of these transactions; rather I am only going to give you my … Continue reading
Filed under condominiums, Downtown Miami, Foreclosure, market conditions, Miami, Miami Beach, real estate, REO, short sale
How Did We Get Here…
2001-2005; United States housing bubble 2001: US Federal Reserve lowers Federal funds rate 11 times, from 6.5% to 1/75% 2002-2003: Mortgage denial rate of 14% for conventional home purchase loans is half of 1997 – as quoted from the Federal … Continue reading
Filed under Uncategorized
