Short Sales on the Rise

According to industry reports released earlier this quarter, Broward short sales have increased by over 60%. One of the reasons banks are approving an increased number of short sales is due to the $25 billion mortgage settlement reached earlier this year between...

Foreclosure? Not so fast.

Banks are taking longer and longer to foreclose on borrowers in default. Take a look at this very informative article from The Wall Street Journal. http://blogs.wsj.com/economics/2010/11/27/number-of-the-week-492-days-from-default-to-foreclosure/