Keeping with commitments made to participants and given the confidential nature of some responses, the Chamber is sharing an overview of findings, not specific data collected. Palm Coast, FL – September 26, 2011 – The Flagler County Chamber of Commerce & Affiliates recently completed a six-month project to gain a better understanding of the number […]
Upside down sellers are finding creative, but not necessarily legal, ways to get cash out of properties in which they have negative equity. Don’t be an unwitting accessory. Palm Coast, FL – September 23, 2011 – Unfortunately, real estate fraud is quite common. Much of it is not obvious to an unwary buyer or seller. […]
Fixed-rate mortgages changed little amid sluggish economic, mixed housing data, and ongoing concerns over the European debt markets. Palm Coast, FL – September 23, 2011 – Freddie Mac yesterday released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed-rate mortgages changing little amid sluggish economic, mixed housing data, and ongoing concerns over the European […]
Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, plus regional disruptions created by Hurricane Irene, according to the National Association of Realtors® Palm Coast, FL – September 21, 2011 – Nationally, existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by […]
Two separate loan balances totaled $14,594,441.50. Palm Coast, FL – September 20, 2011 – The Flagler County Clerk of Courts recorded September 15th two "Deeds In Lieu of Foreclosure" to a company affiliated with lender SunTrust for the Grand Reserve Golf Course. In a deed in lieu transaction, the property owner (in this case OB Investors, […]
Foreclosure sales are triggered by the lender. The property is sold to satisfy the final deficiency judgment against the borrower. Palm Coast, FL – September 19, 2011 – Foreclosure numbers recently released by RealtyTrac, a California-based company again confuse. As do so many publications, the Daytona News-Journal cites RealtyTrac as their data source. In a […]
Faulty mortgages and foreclosure abuses have cost the nation’s 5 biggest home lenders at least $65.7B, according to a tally by Bloomberg News, and new claims may push the total to twice that. Palm Coast, FL – September 19, 2011 Faulty mortgages and foreclosure abuses have cost the nation’s five biggest home lenders at least […]
Adams Cameron, Tidelands, Putnam State Bank, Intracoastal Bank, A1A Scenic & Historical Byway, Building Permits. Palm Coast, FL – September 17, 2011 – Homebuilders, developers, Realtors®, and others tied to Palm Coast’s real estate market have been active recently. Here are a few making the news: Adams Cameron Marian Schwenn has joined the sales staff […]
Rumors galore, but don’t get your hopes up. It’s all about rooftops, demographics, and the economy. Palm Coast, FL – September 15, 2011 – Palm Coast residents want a Costco, or a Sam’s Club, or a BJ’s Wholesale Club. The nearest Sam’s Club is in Daytona Beach. Costco’s nearest store is in Jacksonville. Residents’ strong […]
If Congress doesn’t renew this program before September 30th, 21,000 communities in the United States won’t have an affordable option to protect themselves from flooding. Palm Coast, FL – September 14, 2011 – On Sept. 30, 2011, the National Flood Insurance Program, which provides flood insurance to 5.6 million homes and businesses, will expire. If […]