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South Florida homeowner has $570,100 mortgage forgiven by bank
Source: Palm Beach Post A client of Wellington foreclosure defense attorney Malcom Harrison may have cringed when he saw the Bank of America envelope in his mailbox. Instead, he’s more than half-a-million dollars out of debt. Read more…
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Palm Beach County home sales up in August as inventory shrinks
Source: Palm Beach Post Two blocks off the Georgia Avenue industrial corridor in West Palm Beach, the little sand-colored house for sale on Franklin Road is nothing special — cracked up driveway, mildewed roof, Flamingo pink tile in the bathroom. Read more…
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Lenders allow more short sales; foreclosure sales down in Palm Beach County
Source: Palm Beach Post The number of homes purchased in a short sale surpassed foreclosure buys in Palm Beach County during the first half of the year, more evidence banks are avoiding lengthy court proceedings and trying to comply with the Nationwide Mortgage Settlement, experts said. Read more…
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Seniors facing foreclosure at increasing rates
Source: Palm Beach Post The foreclosure rate for people age 75 or older increased from 0.33 percent in 2007 to 3.19 percent in 2011. Read more…
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Two more habitat homes to be dedicated in Lake Worth
Source: Palm Beach Post Habitat for Humanity of Palm Beach County will dedicate two more Lake Worth homes Friday and Saturday. Read more…
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Post panel: Former homeowners get second chance at American Dream
Source: Palm Beach Post Homeowners forced into a short sale or foreclosure during the worst of the real estate bust are tip-toeing back into the housing market as their credit improves and lender prohibitions time out. Read more…
