Month: December 2015

Foreclosed homes to be rehabilitated for new buyers in South Florida

Written By: Emil Fleysher | December 21, 2015 | Foreclosure
The housing organization in South Florida gets the opportunity to purchase over 2,000 homes in foreclosure. It could ultimately end up with individual homebuyers. The Federal Housing Finance Agency stated it is broadening its Neighborhood Stabilization Initiation Program to South Florida. And, 17 other metro areas across the nation. How does Neighborhood Stabilization Initiation Program
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Foreclosures in South Florida are Gradually Improving

Written By: Emil Fleysher | December 15, 2015 | Foreclosure
New foreclosures dropped dramatically across South Florida last month. Though the number of repossessed homes by banks has increased as the courts are clearing up the dockets. According to RealtyTrac, there has been a 53 percent decline since November of 2014 in foreclosures in South Florida. In November there were just 831 foreclosure lawsuits in
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Broward’s Foreclosure Division Needs Senior Judges

Written By: Emil Fleysher | December 14, 2015 | Foreclosure
Broward County’s foreclosure division is going to need all the help it can get in the next few months to keep its head above water. After several layoffs, harsh budget cuts, and the county taking a huge hit during the collapse of the housing market; it is going to take nothing short of a miracle
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