Bank Repo Class At The Lake Mary Library
Learn the 9 step system to buying a pre-foreclosure in the Central Florida area. Free educational seminar is open to the public. Being held at the Seminole County Public Library in Lake Mary. Large lenders are offering foreclosures and pre-foreclosures for tens of thousands of dollars below market value and this class will show you how YOU can capitalize on their losses. No charge to attend this seminar.  Details and to register: http://www.OrlandoBankRepoClass.com

p.s. The government will PAY you up to $8,000 to buy a home but only until April 30^th!

Andy Tolbert, The Blue Jeans Broker, has launched a new website to help homeowners make one of the most difficult decisions they’ve ever faced… what to do when you can’t afford your home any more!

When Andy sits down with a homeowner, she spends as much time as is needed to answer all of their questions about their situation.  To help more homeowners, she has recorded videos of the top questions and answers and has posted them on a website for you.

visit www.BeforeYouShortSale.com now for all of your answers!

Several people have already forwarded this to me, so I thought I’d share… No Candy This Year!

It actually looks that way!

Florida’s rate of foreclosure filings in August was down 4.11% from July (but it was still 29.67% higher than August of last year!) so while it appears to be slowing down, it is still quite a large problem and unfortunately, we’re seeing it right here as we see the Seminole County foreclosure market still continue to be a large part of our market.  In August, Seminole County had 877 filings, the 2nd highest number all year, and we’ve had 6,309 filings so far this year!  We are on track to have an annualized rate of 6.78% of all households or 1 out of every 14.75 houses!

Also, the Ft. Myers/Cape Coral market, which was #1 in the NATION in July, fell to 6th in August. Let’s all look at these little indicators as the beginning of the end (hopefully). In Florida in August, 1 out of every 194 households had some kind of a foreclosure filing against them. Wow.

To read the article that Forbes Magazine just ran on this topic, click here.

If you are looking to purchase a home in this market and you’ve been waiting for it to hit bottom, it looks like it might be time… please call me first…I’ll give you all the pros and cons to buying a foreclosure so you can make an informed decision. I can be reached at 407-842-7700.

This site is the sounding board for the Seminole County Foreclosure Market, including available properties and statistics.

Authored by Andy Tolbert, the Florida Foreclosure Expert, and Tim Tolbert, Mortgage Finance Expert, who also just happen to be  15-year Seminole County residents AND Florida natives!

Check back often to see what’s happening in your own backyard (or let me help you FIND your own new backyard!)