Naples Foreclosures Blog

A lucrative residential address that attracts many is the Naples City in Southwest Florida.  Naples has captured many hearts that it is a sought after place to at least experience once in a lifetime.  And that moment could be a start of a lifelong commitment to stay in the place.  With that, real estate development in Naples has boomed but slowed down during the economic downturn.  But just in the recent months, there has been an increase in the real estate properties that made the prices of the homes go up as well.  In addition, the new Mustique of Olde Naples is just right on time to offer single-family homes.

Even with the building permit just approved, many have already shown interest to the properties that will be created in this gorgeous

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Foreclosure is a common legal action especially in various residential communities where homes are sold for lease or through home loans. Real estate market has been performing low for the past years due to the poor economic condition of the country. While Naples real estate sales are starting to increase this year, foreclosures have also been increasing especially in Southwest Florida homes and communities.

According to a news article in www.naplesnews.com, bank foreclosures have significantly increased in Collier County this year starting from the month of January with the month of August hitting the highest number of foreclosures at 295 overall only for that month. Last year for the same month, there were only 229 foreclosures based on the data

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When you know the 10 steps in buying a home, you can sail through the house buying experience. There are many variables, and the process can be complex. It is important that your interests and investment is protected and that you have the best representation. Below is a list of the 10 steps in buying a home.

10 Steps in Buying a Home

1. Find the best agent! This may sound simple, but, the process can be tedious. You should choose an area specialist in the area that you’d like to purchase. Find out all the particulars about the agent- do they work as a real estate agent full or part-time? How long have they been active in the real estate industry? Does the agent possess a CRS or ABR designation? What is the agent’s system or communication?

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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 payments and are

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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 appliances are

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foreclosure_392Exploring 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 Website.

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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

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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

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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, many new

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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…
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