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Foreclosure notice of default in FL– what is it?

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If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

What is a Pre-Foreclosure in St. Petersburg?

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With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in St. Petersburg anyway? Many homeowners across America and St. Petersburg are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending … Continued

How to Avoid Foreclosure in St. Petersburg

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While the housing market is rebounding, many people in St. Petersburg] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can … Continued

Short Sale vs. Foreclosure – What’s the Difference?

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Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In St. Petersburg FL? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). … Continued

How to stay in my home after foreclosure in St. Petersburg

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A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

3 House Selling Tips In St. Petersburg

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Selling your St. Petersburg FL home is never a simple process. But it can be especially difficult if you have to sell your St. Petersburg house fast. In this article, we will take a look at a few house selling tips in St. Petersburg that will allow you to get a fast sale. Tip #1: … Continued

I Can’t Sell My House In St. Petersburg FL… Help!

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If you’ve found yourself saying, “I can’t sell my house in St. Petersburg FL,” this article is for you. Maybe you’ve been trying to sell your St. Petersburg house for a while now and haven’t received any offers, don’t panic! You still have a few options at your disposal to help you sell your house for … Continued

Understanding the Foreclosure Process in FL

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Understanding the foreclosure process in FL is an important part of navigating your own home foreclosure. Before we dive in… What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun.  But just know that it’s not … Continued

Can I sell my St. Petersburg house in foreclosure?

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Do you have a St. Petersburg FL house that’s in foreclosure right now? Many people going through the FL foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you … Continued