Panama City Beach Real Estate Homes, Condos For Sale and Other Things
Panama City Beach Real Estate Information | Market Conditions | Boating and Fishing

20.08.07 » Short Sales

Short sales increase as housing slump deepens: Lenders help

BOYNTON BEACH, Fla. – Aug. 20, 2007 – Investor Harold Stark paid $365,000 for a three-bedroom Boynton Beach townhouse last year. But the monthly mortgage payments soon started to feel like a noose around his neck.

His property’s value dropped below what he still owed, $329,000. But rather than letting the townhouse fall into foreclosure, Stark worked out a deal in which he sold it for $285,000, and his lender, Chase Home Finance, forgave the difference.  Read more... (912 words, 0 images, estimated 3:39 mins reading time)

20.08.07 » Learn How to Avoid Foreclosure and Keep Your Home

Are you struggling to make your house payments? Homeowners please reach for a helping hand.

Hi folks,
It should come as no surprise that struggling consumers are trying to keep their homes from going into foreclosure. NAR’s consumer mortgage education brochure –“Learn How to Avoid Foreclosure and Keep Your Home” — can help. The brochure alerts consumers that they can call a nationwide, toll-free assistance number—888-995-HOPE—to speak with a counselor, day or night, to help them get back on track financially. You can dowload the text version of the brochure by clicking here.  Read more... (99 words, 1 image, estimated 24 secs reading time)