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Walking Tall Through Buying Short Sales

July 18th, 2007 by admin

We’re hearing a lot about short sales these days and in an earlier blog we addressed the issue of selling homes under that plan. Buying such property also offers fresh challenges and the true professional agent owes it to the client as well as to themselves to work carefully through the process.

Banks sometimes pay …

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Short Sales Can Be Big Challenges

July 16th, 2007 by admin

Listing agents with tall experience in “short sales” are finding themselves once again in high demand by sellers. Agents who take the trouble to study short sale strategy will be rewarded not only monetarily but, just as importantly, by the humane satisfaction of helping a distressed family retain its dignity.

Although you may be familiar with …

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Connecticut and Florida now mutually recognize each other’s education

June 29th, 2007 by edward

On March 21, Florida entered in to a mutual recognition agreement with Connecticut, making Connecticut the 11th state to have such an agreement with Florida. The other states are Alabama, Arkansas, Colorado, Georgia, Indiana, Kentucky, Mississippi, Nebraska, Oklahoma and Tennessee. Brokers and Sales Associates can qualify for an equivalent type license in Florida if they …

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Mortgage Fraud in Florida

June 19th, 2007 by edward

Florida has the dubious distinction in 2006 of having more mortgage fraud cases than any other state, passing the state of Georgia. (Georgia authorities made major strides in a fraud crackdown, even raiding title closing offices during closings.) The FBI has made mortgage fraud one of its top priorities in the last two years because …

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Florida Anti-Kickback Laws

June 15th, 2007 by edward

The Department of Financial Services, which regulates title insurance companies, and the Department of Business and Professional Regulation, which regulates real estate brokers and sales associates, have both noted an increase in recent months in the number of complaints regarding title insurance companies paying financial “kickbacks” to real estate brokerage firms, sales associates, or mortgage …

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