By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: The first letter from your lender, often called a notice of default, is serious, but it is not by itself a foreclosure or an eviction notice. Florida is a judicial foreclosure state, so a lender has to file a ... Continue Reading » about Why the First Letter From Your Lender Causes So Much Fear
Blog
What a Foreclosure Actually Costs You, Versus Selling First
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: A completed foreclosure stays on your credit report for years and makes it harder to qualify for a mortgage, a car loan and sometimes certain jobs or rentals. Any equity is effectively lost, because the home is ... Continue Reading » about What a Foreclosure Actually Costs You, Versus Selling First
No Judgment, Just Options: How I Help Manatee County Homeowners Decide
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: If a letter arrived or a payment was missed, my approach is no judgment, just options. My job is not to sell you anything. It is to diagnose what is actually happening and explain your real choices, so whatever ... Continue Reading » about No Judgment, Just Options: How I Help Manatee County Homeowners Decide
Foreclosure Alternatives in Manatee County: Short Sale, Deed in Lieu & Loan Modification Explained
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: The main foreclosure alternatives in Manatee County are a loan modification, a short sale and a deed in lieu of foreclosure. A loan modification changes your mortgage terms so you can keep the home. A short sale ... Continue Reading » about Foreclosure Alternatives in Manatee County: Short Sale, Deed in Lieu & Loan Modification Explained
What Happens After a Foreclosure Notice in Manatee County?
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: A foreclosure notice is the start of a legal process, not the end. Florida is a judicial foreclosure state, so the lender has to go through the court, and you generally have about 20 days to respond once you're ... Continue Reading » about What Happens After a Foreclosure Notice in Manatee County?
What to Do When One Spouse Wants to Sell the House and the Other Doesn’t
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: If one spouse wants to sell the house and the other doesn't, you're not stuck. Florida is an equitable distribution state, and common paths are selling on the open market and splitting the proceeds, or a buyout ... Continue Reading » about What to Do When One Spouse Wants to Sell the House and the Other Doesn’t