Hot Property

Building a case for Principal Reduction by Lenders for Homowners

“Defaults, foreclosures plummet in January. Analysts discern signs of stability.” So read the headline of my local paper. Signs of Stability? Really? Now what might those be? I saw the Virgin Mary on a piece of toast once so I know we tend to see what we want to see but my tea leaves aren’t [...]

Cease Foreclosures, move home loans in 60 days

State: Taylor, Bean, Whitaker must cease foreclosures, move home loans in 60 days TALLAHASSEE, Fla. – Aug. 24, 2009 – Florida’s Office of Financial Regulation took more action Friday against Ocala-based Taylor, Bean & Whitaker Mortgage Corp., ordering the company to cease foreclosures, late charges and adverse reports to credit bureaus about customers. It is [...]

Facing the Foreclosure Crisis

    Team Sumberg with Keller Williams Realty would like to announce the following broadcast event to the general public in the Tampa Bay area. Walter Walker, author and Director of Education and Counseling at Housing and Education Alliance, Inc. will be appearing on WEDUs Facing the Forclosure Crisis live on tomorrow night and the show [...]

Foreclosure Prevention Act – $4 billion playing in a town near you.

WASHINGTON – Sept. 17, 2008 – The Foreclosure Prevention Act, which passed in July, allocates $4 billion to cities and states that have been hardest hit by the surge in foreclosures over the last year. Recipients will be able to use the money – which is an addition to the usual funding for the Community [...]

AARP Study shows effect of loan crisis on 50-plus crowd

Here in Tampa Bay, we have a large retired population.  Team Sumberg represents many of these folks and we try to keep up with the financial issues that are unique to this segment of our local population.  In a study challenging the perception that older Americans have been left out of the current real estate crisis because [...]