Effective Apr 5, the current frustrating system of buying a ‘short sale’ home will change. That's when the federal government will begin to provide financial incentives to lenders to do more short sales. The rules also help standardize the process, so your chances of negotiating a distressed-property bargain will increase.
Read entire story from wsj.com.
Mar 28, 2010
Mar 24, 2010
Foreclosure Counseling
Lending a helping hand to homeowners facing foreclosure, a local program offers counseling and mitigation services to East Orlando in an attempt to keep roofs over its residents' heads.
The Helpful Hands Foundation Foreclosure Counseling Assistance program, which works to raise financial awareness through education and foreclosure assistance, has helped more than 500 homeowners save their homes with an additional 450 currently working with them.
From one-on-one, case-specific counseling to workshops open to the public, Helpful Hands counselors work to educate local residents on the process of foreclosure and help them understand that they have options.
Read the whole story from East Orlando Sun.
The Helpful Hands Foundation Foreclosure Counseling Assistance program, which works to raise financial awareness through education and foreclosure assistance, has helped more than 500 homeowners save their homes with an additional 450 currently working with them.
From one-on-one, case-specific counseling to workshops open to the public, Helpful Hands counselors work to educate local residents on the process of foreclosure and help them understand that they have options.
Read the whole story from East Orlando Sun.
Mar 19, 2010
SunRail in East Orlando?
East Orlando won't be getting any stations in the first wave of SunRail funding, but that doesn't mean local leaders aren't anxiously waiting for the rail to branch out to this end of Orange Co.
Gov Crist signed the $1.2 billion SunRail legislation into law on Dec 17. Local politicians have said that they would like to see SunRail stations at the airport, UCF and the new UCF medical school in Lake Nona, which will have a new veterans hospital in the spring.
Read the whole story from East Orlando Sun.
Gov Crist signed the $1.2 billion SunRail legislation into law on Dec 17. Local politicians have said that they would like to see SunRail stations at the airport, UCF and the new UCF medical school in Lake Nona, which will have a new veterans hospital in the spring.
Read the whole story from East Orlando Sun.
Mar 17, 2010
HOA Strong-Arms Homeowners
As many east Orlando communities deal with delinquency rates of 30% to 50% in HOA dues from homeowners, the Stoneybrook HOA took a drastic measure to penalize homeowners who are behind on their HOA dues.
Read the whole story from OrlandoSentinel.com.
Read the whole story from OrlandoSentinel.com.
Mar 12, 2010
East Orlando Steps Closer to ‘City’ Status
After four years of working to make East Orlando its own city, the East Orange County Incorporation Effort feels like it is finally making real headway.
Last week the group released a study that suggests incorporating East Orlando as a city would keep more tax dollars on the east side and provide more government services for the population.
Read the whole story from East Orlando Sun.
Last week the group released a study that suggests incorporating East Orlando as a city would keep more tax dollars on the east side and provide more government services for the population.
Read the whole story from East Orlando Sun.
Mar 7, 2010
New Sheriff Station Coming
East Orlando will soon be home to a new Orange Co Sheriff station located at Lake Underhill & Rouse. Expected completion was planned for summer 2009, but the facility is still under construction at this time.
Mar 2, 2010
Best Selling Communities 2010
East Orlando is experiencing brisk sales this year with 307 homes and $46,000,000 changing hands. 75% of these sales were distressed (bank-owned or short sales). Top selling single family communities are:
Subscribe to:
Posts (Atom)