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Florida Foreclosure Pain Continues

Written by Sun Rock Properties on October 25, 2009 - 0 Comments
Foreclosure, Housing Market

Foreclosure activity is on the rise as Florida continues to have one of the highest rates of foreclosures in the nation. California and Nevada round out the top three and foreclosures were reported as increasing 32 percent from last year. This means that more bank repos are on the way and depreciation of Florida real [...]

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Loan Modification

Written by Sun Rock Properties on October 11, 2009 - 0 Comments
Foreclosure

Loan modification is the process by which the existing terms of your mortgage loan is permanently changed. The change allows you to repay your debts in a more comfortable manner. By opting for loan modification, you can stop foreclosure of your home. Facts about loan modification Loan modification is different from the other debt help [...]

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Property Underwater? You have 2 choices

Written by Sun Rock Properties on October 4, 2009 - 0 Comments
Foreclosure

Pay or do not Pay. Florida, California and Nevada fill up the top ten cities with negative equity, with 43.5% of homes being upside down in nearby Port St. Lucie. You pay, you stay. You don’t pay, you will be foreclosed on and will be forced to move out. Modifications are rare, and usually only [...]

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