• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Bank-Owned Home Negotiating Takes Experience, Patience

Last month’s RealtyTrac foreclosure roundup showed that for the first time in a while foreclosure activity across the nation was on the increase. Largely due to an 11% month-over-month increase in bank repossessions (REOs), U.S. foreclosure starts increased 4% from the previous month. It wouldn’t be surprising if that kind of news winds up resulting in renewed buyer interest in West Palm Beach’s bank-owned home market. Daren Blomquist, RealtyTrac’s vice president, had

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Mortgage Servicers Modify 850,000 Loans in 2012: HOPE NOW

HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, has now helped over 7 million homeowners with various foreclosure prevention alternatives since it was founded in 2007 including 6.06 loan modifications and 1.15 million short sales.  The program only began tracking short sales in December 2009. The organization released data for all of 2012 and the fourth quarter today.  For all of 2012 the

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“ The Year of the Short Sale ” Lives up to its Billing

Early this year, experts and journalists widely proclaimed 2012 to be the “Year of the Short Sale” because a number of factors were making short sales more popular and feasible than ever.  Now the proof is in.  For the first time in history, sales of properties in some stage of pre-foreclosure (largely short sales) outnumbered sales of bank-owned properties (REO).  Taken together, short sales that entered the foreclosure process and

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Rehabbing Local foreclosed homes via FHA 203(k) – foreclosed homes for sale

Rehabbing Local foreclosed homes via FHA 203(k) – foreclosed homes for sale foreclosed homes for sale One of the key factors serious buyers eye when appraising foreclosed homes for sale in the local market is condition – the shape those properties have been left in. The Federal Housing Administration has weighed in with a program that can materially affect how that condition – good or bad – will finally affect the bottom

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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