Fannie Mae has announced they will begin paying 3.5% towards closing costs or an equivalent amount for the purchase of new appliances for buyers purchasing a property from their foreclosure inventory. According to Terry Edwards, executive vice presid...

The end of year 2009 Fort Myers Beach real estate market statistics for both home and condominium sales are listed below. Fort Myers Beach is the "happening" place on Southwest Florida's Lee Island Coast. It offers every amenity you can

After a year of struggling mightily to find mortgage financing options, buyers of Florida condominiums could see loans become easier to obtain under a program announced last Thursday by Fannie Mae. According to executive vice president Karen Pallotta...

The end of year 2009 Pelican Landing real estate market statistics for both home and condominium sales are listed below. Pelican Landing is an upscale gated golf community with excellent amenities and is considered one of Bonita Springs premier commu...

Last week, the U.S. Department of Housing and Urban Development (HUD) announced that FHA-insured homeowners experiencing problems caused by defective drywall may be eligible for assistance to help them rehabilitate their homes. In addition, HUD's Com...

After months of hearings, threats of policy cancellations and plans to exit the market, State Farm Insurance and the Florida Insurance Regulators have come to terms on the company continuing to offer homeowners insurance within the state. The announc...

The real estate market in Southwest Florida continued to boom in October and the rest of the state is doing quite well too. In fact, for the first ten months of the year, the Cape Coral and Fort Myers market

In the last 24 hours, the Obama Administration has tried once again to put pressure on the lending industry to do a better job of helping distressed mortgage holders.Yesterday they announced two new plans by the Treasury Department. The first

If you're looking for Luxury Florida golf real estate, there is no better place to look in Naples other than Grey Oaks.Grey Oaks surrounds the prestigious Grey Oaks Country Club, offering 54 holes of championship golf on three distinctly different

Many homeowners who have opted for a short sale still seem to have a great deal of confusion over when the lender will issue an IRS 1099 form. As we described in our post A Reminder - Mortgage Workouts Are

Seems Collier County officials and the Collier County Planning Commission (CCPC) did not think through the unintended consequences of a compromise made with Federal Emergency Management Agency (FEMA) officials back in 2005 regarding the adoption of p...

If you're looking for Luxury Florida real estate, there is no better place to look in North Naples other than Mediterra.Mediterra is reminiscent of the authenticity of the Tuscan countryside and is an exquisite upscale gated community still in the

Yesterday, The Federal Housing Administration (FHA) announced several significant policy changes that are intended to help improve their increasing exposure to risk. Seems that rising defaults have hit the FHA's reserve funds hard; in fact, according...

According to their annual loan closing costs survey, Bankrate.com had Florida ranked number two (tied with New York City) behind only Texas for being a high loan closing cost state. The new ranking was a step up for Florida after

If you're looking for Luxury Florida real estate, there is no better place to look in Southwest Florida other than Barefoot Beach in Bonita Springs.Barefoot Beach is tucked away just on the Collier and Lee county border and is one

After a sizzling first six months of the year, real estate sales in Southwest Florida remained strong in July. In fact, July marks the thirteenth month in a row sales have climbed in Lee and Collier counties. The Cape Coral

I almost fell out of my chair today when I got notification of this new policy by the credit reporting agencies. Seems the government's financial regulators have given their blessing to the "Big Three" credit reporting bureaus - Equif...

The residential task force set up by members of the Florida Supreme Court and others to review current foreclosure guidelines used by Florida courts recommended Monday that all cases involving "primary homesteaded foreclosure homes" should ...

The mid year Ft. Myers Beach real estate market sales statistics for both homes and condominiums are listed below. Ft. Myers Beach is the "happening" locale on Southwest Florida's Lee Island Coast. Ft. Myers Beach offers every amenity you...

Beginning August 15, FHA borrowers will be able to apply to reduce their monthly mortgage payments by seeking a loan modification through their current lender or loan servicer under the new FHA-Home Affordable Modification Program (FHA-HAMP). The Hel...