Hojin's SW Orlando Real Estate Scoop

Watch CBS News Videos Online A lot of homeowners here in Dr. Phillips and Windermere as well as the rest of the nation who bought their home during the boom years have quite a bit of negative equity in their home. The options are to ride it out until we see 2007 prices, or just [...]

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Short sales have flooded the marketplace in Dr. Phillips and Windermere the past few years with real estate transactions characterized by response times for offers taking 6 months or longer. It’s not a surprise that many of these short sale transaction are unsuccessful but there’s a new program called HAFA (Home Affordable Foreclosure Alternatives) implemented [...]

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One misconception I’ve been running into with the public is what the heck a “short sale” really is. They’re a part of the real estate landscape these days and there’s plenty of them for sale in SW Orlando. When a listing mentions a short sale, it means the seller owes more than the asking price. [...]

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I’ve been showing quite a few properties here in SW Orlando lately, and many of them have been short sales and foreclosures. I think few consumers really don’t have a firm grasp on what differentiates a short sale from a foreclosure, so I figured it would be a good topic for today. First of all, [...]

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