Residential Closings Category
Coral Springs Real Estate Lawyers See Short Sales as a Great Option For “Underwater” Florida Homeowners
Coral Springs Real Estate Attorneys at the Law Offices of Erik S. Bloom, P.A., Process and Close Short Sales Throughout Florida, Including Broward County, Miami-Dade County and the Florida Keys. A Short Sale is the sale of real estate where the proceeds from the sale are less than the balance owed on the property’s loan(s). As a result, the seller does not realize enough money from the sale to pay off the loan(s) in full. This leaves the homeowner with two options. The first is...Continue Reading!
Coral Springs Real Estate Lawyers Report that HARP 2.0 Refinance Loans Are Available For “Underwater” Borrowers
Coral Springs Real Estate Lawyers at the Law Offices of Erik S. Bloom, P.A. Process HARP 2.0 Loans on Behalf of Lenders and Mortgage Professionals Across Florida If you're underwater on your conforming, conventional mortgage, you may be eligible to refinance despite your negative equity. HARP (Home Affordable Refinance Program) was started in April 2009. The program has been re-launched as HARP 2.0 with more relaxed guidelines in March 2012. The new guidelines are designed to allow more underwater borrowers to qualify for the program. Many homeowners...Continue Reading!
