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Showing posts from November, 2021

How to Sell Your House to an Investor in South Florida FL

  Home ownership just isn’t what it was in the 1950’s.In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. If you’re looking to sell your house, you could be frustrated.Despite the market trends in South Florida slowly shifting, it’s still very much a buyer’s market. With so much property available, you could find yourself waiting months or longer to get a fair price on your home. How To Sell Your House To An Investor in South Florida One option that many homeowners are turning to is selling to a real estate investor like Home Florida Buyer to buy your house from you.These independent investors typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them for a profit. South Florida has numerous reputabl...

What is a Pre-Foreclosure in South Florida?

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  With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in South Florida anyway? Many homeowners across America and South Florida are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a warning, notifying the homeowner to pay or lose their home. This period is known as “ pre-foreclosure .”   Banks and mortgage lenders typically provide three months for the homeowner to become current.  Of course this number can vary by bank and situation sometimes. If a homeowner fails to make the necessary payments, the bank will foreclose on the home, assuming ownership, and evict the homeowner. Thankfully, during this stage of the foreclosure process, a mortgage holder has the opportunity to take advantage of several options...