Orlando Real Estate Market: Time to buy?

February 21, 2010 by Joey Guest · Leave a Comment 

Interest rates are still low, there’s a glut of houses on the market and now even high-end custom homes are seeing prices slashed.
Is it time to buy a house?
No way. The economy has yet to turn around, and prices are going to keep falling.
Close, but not quite. If the market hasn’t bottomed out already, it’s [...]

Renters Get Relief from Foreclosure

February 6, 2010 by Joey Guest · Leave a Comment 

Many of the households affected by the foreclosure crisis are actually renters, and a federal law is designed to keep them from being evicted with little or no notice.
A federal law enacted this year offers renters more protection from eviction if their landlord loses the property through foreclosure. The law has some fuzzy requirements, but [...]

Time to Invest: Rents Now Cover Mortgage Costs!

February 2, 2010 by Joey Guest · Leave a Comment 

Few investors have noticed that rents are finally covering mortgage payments again in residential real estate.
In many regions for the first time in years, rental income can pay the mortgage on smaller residential properties. We’ve waited a long time for this opportunity.
We have several friends who steadily became “high net worth investors” while creating significant [...]

Fear losing your home? Foreclosure tips, myths & facts

February 1, 2010 by Joey Guest · Leave a Comment 

Hispanics got some of the worst loans during and after the housing boom, making them more susceptible to foreclosure and mortgage fraud, experts said Saturday.
They found it impossible to keep up with their subprime mortgages.
Even as the market began to soften two years ago, Hispanics in Central Florida ended up with about one-third of the [...]