Naples Foreclosures Blog 
Mortgage refinance in USA
Tuesday, March 20th, 2012 at 8:56pm. 49 Views, 0 Comments.
Currently, more and more Americans who are experiencing difficulties to keep up with their monthly mortgage payments are resorting to home refinance. Mortgage refinancing is a simple technique to get your finances under control.
What home refinancing in USA is all about
Mortgage refinance or home refinance is a process where your existing mortgage is fully substituted by another loan at more suitable terms and conditions. Your existing mortgage is paid off by this new loan and you just need to repay the refinance lender through a single and manageable monthly payment at a low interest rate.
Refinance loans have been particularly designed for people who are facing problems to manage their monthly mortgage…
Do New Home Appliances Really Save Cash?
Thursday, February 16th, 2012 at 3:56pm. 191 Views, 0 Comments.
Replacing your old appliances with new, Energy Star labeled appliances can save you bundles of cash over time for your up front investment. Certainly, the up front cost may seem like a steep investment at first, but when you consider all the added benefits you'll get from having new appliances, you'll soon find they practically pay for themselves.
Buy Now, Save Later
Looking for the Energy Star label can help you figure out which model will save you money in the long run. Some energy efficient models are more expensive up front, but the cost-savings in energy bills adds up quickly. Some people find that after only five or six years, the new appliances have paid for themselves in energy bills alone. Additionally, because these new…
Types of Foreclosures
Monday, December 19th, 2011 at 1:33pm. 475 Views, 1 Comments.
Exploring Three Common Types of Foreclosures: VA, FHA, REO
When it comes to purchasing a foreclosure, many people are surprised to find that there are actually several different types of foreclosures that can be explored. Depending upon the type of foreclosure you are pursuing, the requirements and procedures can be quite different. Whether you're searching Denver CO luxury condos or a new home in Naples, here is a look at three of the most common forms of foreclosures most buyers will encounter.
VA Foreclosures
A VA foreclosure is a foreclosure that takes place on a home that was purchased with the help of a VA, or military, loan. Anyone interested in purchasing a VA foreclosure will first need to search for a home on the homesales.gov…
The Balancing Act Between a House and a Home
Sunday, November 20th, 2011 at 2:28pm. 215 Views, 0 Comments.
Real estate practitioners are taught from the beginning to strike the word ‘house’ from their vocabulary and instead always use the word ‘home’. Why? Because there is a huge difference between the two. Though the terms are often thought of as one and the same, they are similar to the words ‘listen’ and ‘hear’. Two totally different things, right? A house is a shelter, four walls and a roof. Even though you may live there, sleep there, eat there, etc. there is not an emotional component.
A home is a place where memories are made. A home feels safe and secure. As you can see, the primary difference between the two is the emotional component. It has nothing to do with cost, finish, or furnishings. When buying a home, finding ‘the one’ triggers an…
Refinancing Your Home
Wednesday, August 3rd, 2011 at 10:26am. 349 Views, 2 Comments.
Making large and important decisions about your home can be one of the most difficult things you can do. When it comes to money and home payments, thinking about refinancing or other large changes can cause unnecessary stress and headache. In addition, mortgage lenders will tell you just about anything you want to hear in order to get you to sign with them for your new refinanced loan. Making an educated, unbiased decision about your financial investment in your home is not easy; your home is your castle. You need to make sure that you are making a sound decision that is uninfluenced by the opinions of others and that you are doing what is best for you.
There are several different reasons why you might be or should be considering a mortgage…
Single Women, Not Men, Lead the Way in Home Buying
Tuesday, July 19th, 2011 at 2:15pm. 885 Views, 0 Comments.
According to the National Association of Realtors, single women have become a significant force in the real estate market. In fact, last year alone, 20 percent of home buyers were single women.
While no one knows for sure why single women seem to be purchasing homes in record numbers, the Joint Center for Housing Studies believes there are three primary reasons. These include a desire to:
- Live closer to family or to an employer
- Enjoy more space
- To find a place to "nest"
This theory seems to be backed by data, as only 12 percent of last year’s home buyers were single men. Due to the increased number of single women who are purchasing homes, real estate agents and builders are taking steps to appeal to this large market. As such,…
How to Find the Best Contractor
Thursday, May 5th, 2011 at 3:00pm. 1829 Views, 3 Comments.
Now that the Naples real estate market is getting close to being right-side up again, there are many contractors eager to find work again who have been unemployment and desperate for a few years now. Before the real estate bubble popped, many were lucky to get a return phone call from a contractor as they were completely inundated with endless real estate projects. Today, most contractors will pick up a call on a dime and are more than ready to enter the construction industry which is a good sign, however, consumers need to take heed and not rush into hiring the first contractor in which they contact. Just as in a search for the perfect realtor or mortgage lender, it is important to follow the same exact steps. Do a bit of investigating on the specific…
INNOVATIVE REAL ESTATE INVESTING
Friday, April 8th, 2011 at 10:33pm. 1858 Views, 2 Comments.
Successful Naples real estate investing is the result of hard work, doing your homework, researching several options and possibilities, along with a stringent study of each and every investment opportunity. There is quite frankly no other way to achieve real estate investing success other than implementing these very important methods. Indeed, a proficient and knowledgeable real estate professional is key in assisting you to find, research, and even analyze the profitability of specific investment possibilities but it is good for you to be prepared as well and to have some knowledge of the rates of return profitable real estate investors use during the analysis process before making that most important decision to purchase an investment property.
If one is…
Naples Foreclosure Statistics
Thursday, February 24th, 2011 at 5:21pm. 736 Views, 1 Comments.
January 2011 Foreclosure Stats for Naples, Florida
How did Naples fare when compared to the US, Miami and Tampa?
We've all accepted that foreclosures are going to riddle the housing market for the near future, but how are things looking thus far in 2011? And specifically, how do Naples, FL foreclosure filing trends compare with national foreclosure statistics and two other major market players: Miami and Tampa?
Let's talk a bit about the makeup of the Naples housing market. Its housing market (and its economy for that matter) is moved primarily by second home buyers. These days, second homebuyers looking for foreclosed homes in upscale areas are acting quickly- and they should. Foreclosure inventory in these upscale neighborhoods is rather limited.…
How many foreclosures in Naples?
Thursday, February 3rd, 2011 at 4:06pm. 373 Views, 0 Comments.
I am often asked how many Naples foreclosures there are currently for sale. To answer this correctly it is best to back up and verify everyone is referring to the same thing.
The properties listed on this site and other are not actually 'foreclosures'. They are REOs, real estate owned properties. The simplest terminology is that they are corporate owned or bank owned properties. These institutions are awarded ownership through a foreclosure. The owners are typically the last lender and certainly do not wish to own these properties. They acquire them through non-payment of mortgage.
There are currently about total properties for sale in Naples. The number of REOs in the Naples MLS is close to 400. This number has fluctuated dramatically. A few years…