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All Florida Home Team

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Home Valuation

What is a Short Sale Anyway?

April 21, 2018 by Denise Madan

An increase in foreclosure rates will inevitably bring with it an increase in short sales. But what is a short sale? A short sale happens when you sell your house for less than your remaining mortgage balance, the proceeds of which go to the lender and in return the lender forgives the remaining balance. Selling […]

Filed Under: Selling Tagged With: foreclosed, foreclosure, short sale

Understanding Foreclosures

April 19, 2018 by Denise Madan

It is an unfortunate commentary, but when economic activity declines and housing activity decreases, more real property enters the foreclosure process. High interest rates and creative financing arrangements are also contributing factors. When prices are rapidly accelerating during a real estate “bonanza”, many people go to any lengths available to get into the market through […]

Filed Under: Selling Tagged With: foreclosed, foreclosure

Thinking About Buying a Foreclosure?

April 15, 2018 by Denise Madan

With the housing bubble burst and the subprime mortgage crisis, millions of homeowners found themselves unable to make their mortgage payments. Many found themselves owing more on the house than the home was worth. Many just walked away from their homes. As a result of these complicated issues, millions of homes were foreclosed. While this […]

Filed Under: Buying Tagged With: buy home in miami, buying real estate, foreclosed, foreclosure, home buyer, home buying, real estate buyer, real estate owned, REO, things to consider in buying home

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Denise Madan

All Florida Home Team
14261 Commerce Way Suite
102 Miami Lakes, FL 33016

786-344-8004
denise@denisemadan.com

Equal Housing Opportunity | Realtor | MLS

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