Feb 032010

State Farm won’t renew thousands of Fla. policies

via State Farm won’t renew thousands of Fla. policies.

We have been hearing over the past 2 years about State Farm waffling on their decisions to continue coverage or stopping new policy writing all together….

Here’s the solution!

I have been dealing over the past year with an insurance broker here in Orlando that does a great job of not only giving great options and amazing prices, but he treats my clients very well and has become my first call for insurance needs. The article above has prompted me to share this information, and nothing more.
I receive nothing for the referral, except hopes that in the future when you have housing needs, you think of me first.

I know you are asking,,,, who is the guy we call?

Just call David Holt (407) 805-0200 extension 202
He is a Licensed Agent Broker for Florida Insurance Specialist LLC and writes both home and auto policies. He does provide quotes for free and can usually get you a quote in a couple of hours and no longer than 24 hours depending on your needs.

As I said, I get nothing for you calling him, no referral money, no kickbacks, NADA~  but if you would please let him know how you heard about him and in the future if I can help you with any of your Orlando real estate needs, please give me a call!

Brady Pevehouse  (407) 374-3123

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Jan 292010

NEW YORK – Jan. 29, 2010 – Increasingly aggressive mortgage lenders are seeking to collect deficiencies from former homeowners who walked away from their properties or sold them in short sales.

Many states, including Florida, give mortgage holders as long as five years to seek a deficiency judgment. If granted, the bank gets up to 20 years to collect and the option to renew for another 20 years if the debt isn’t paid.

About one-third of U.S. states, including California and Arizona, prohibit collection efforts after foreclosure, but homeowners usually waive that protection in a refinance.

Most states allow collection on unpaid home-equity loans.

Banks are most likely to try to collect from people who walk away from a property on which they are still making payments.

“The bank is going to pull your credit report, and if you’re current on your other bills, they are going to come after you and potentially ruin you,” said Larry Tolchinsky, a Florida real estate attorney.

Source: Bloomberg, Kathleen M. Howley (01/28/2010)

© Copyright 2010 INFORMATION, INC. Bethesda, MD (301) 215-4688

via Banks pursuing payback from walkaways.

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Jan 282010

This is the market information regarding College Park which is a community located Near Downtown Orlando.

To date there are currently 10 bank owned homes for sale within the College Park Community and there are also 53 short sale opportunities in College Park. Considering there are 53 out of the total 227 properties for sale in the College Park area, which equates to approximately 23% of the properties for sale within College Park are foreclosures. This does not mean that there are only 53 foreclosures in College Park, it just means there are only 53 foreclosures currently for sale within the College Park Community and there are others that are in foreclosure, just not represented on the Orlando MLS.


Date       
06-Jan 20-Jan
Properties for sale in College Park Community 242 227
Foreclosure properties listed since last post 1 4
New Non-Foreclosure listings since last post 6 9
What’s sold in College Park since last post 2 5
Foreclosures in College Park since last post 1 2
Non-Foreclosures sold since last post 1 3
What’s under contract 52 53
Foreclosures under contract in College Park 31 30
Non-Foreclosures pending in College Park 21 23


Here are the sold properties from the past week ending 1/21/2010


Address Zip Beds Baths List $ Pool DOM Sold $ SP/SqFt F/B
907 NEUSE AVE 32804 3 1.5 79,900
160 40,000 44.44 F
4109 FAIRVIEW VISTA PT # 220 32804 2 2 89,000 Y 154 50,000 46.6 F
1024 W PRINCETON ST 32804 3 1 159,900
90 148,500 156.32
1129 STETSON ST 32804 3 2 249,000 Y 83 238,400 149.94
1308 W YALE ST 32804 4 3.5 524,499
331 482,000 165.69


The properties labeled with a “B” stand for Eastwood Bank Owned properties that sold and the property with “F” illustrate a short sale that sold in pre-Foreclosure.

This report provided by Brady Pevehouse, a full time agent of Perrone Realty specializing in College Park homes for sale and College Park Foreclosures.

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Jan 282010


This is the most recent market information for Waterford Lakes Real Estate. Waterford Lakes is located in East Orange County and part of unincorporated Orlando Florida bordered by the Waterford Lakes Shopping Center.

To date there are currently 9 bank owned homes for sale in Waterford Lakes and there are also 46 short sale opportunities in Waterford Lakes. Considering there are 46 out of the total 84 properties for sale in Waterford Lakes, which equates to approximately 55% of the properties for sale in Waterford are foreclosures. This does not mean there are only 46 foreclosures in Waterford Lakes, it just means there are only 46 foreclosures currently for sale in Waterford Lakes and there are many that are in foreclosure, just not represented on the Orlando MLS.


Date AVG 05-Jan 19-Jan
Properties for sale in Waterford Lakes 193 83 84
Foreclosure properties listed since last post 2 2 7
New non foreclosure listings since last post 6 6 6
What’s Sold in Waterford Lakes since last post 2 9 5
Foreclosures in Waterford Lakes since last post 1 3 1
Non-Foreclosures sold since last post 1 6 4
What’s under contract 34 78 75
Foreclosures under contract in Waterford Lakes 14 53 50
Non-Foreclosures pending in Waterford Lakes 20 25 25


Here are the sold properties from the past week ending 01/20/2010


Address Zip Beds Baths List $ Pool DOM Sold $ SP/SqFt F/B
713 CREST PINES DR # 235 32828 1 1 39,900
41 42,000 57.38 B
12710 PADDLE CT 32828 3 2 135,000
205 135,000 85.99 F
12677 LAKEBROOK DR 32828 4 2 179,900
60 179,900 86.99
903 LILAC TRACE LN 32828 4 3 189,000
61 185,000 75.23 B
15284 SUGARGROVE WAY 32828 4 2.5 225,000 Y 75 225,000 81.43


The properties labeled with a “B” stand for Waterford Lakes Bank Owned properties that sold and the property with “F” illustrate a short sale that sold in pre-Foreclosure.

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Waterford Lakes Real Estate and homes for sale and Waterford Lakes Foreclosures.

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Jan 282010

This is the market information for Avalon Park Real Estate, located in East Orlando Florida.

To date there are currently 17  bank owned homes for sale in Avalon Park and there are also 115 short sale opportunities in Avalon Park. Considering there are 115 out of the total 186 properties for sale in Avalon Park, which equates to approximately 62% of the properties for sale in Avalon Park are foreclosures. This does not mean there are only 115 foreclosures in Avalon Park, it just means there are only 115 foreclosures currently for sale in Avalon Park and there are many that are in foreclosure, just not represented on the Orlando MLS.


Date AVG 04-Jan 18-Jan
Properties for sale in Avalon Park 399 188 186
Foreclosure properties listed since last post 5 6 14
New Non-Foreclosure listings since last post 9 7 9
What’s sold in Avalon Park since last post 2 24 6
Foreclosures in Avalon Park since last post 0 8 3
Non-Foreclosures sold since last post 2 16 3
What’s under contract 90 228 235
Foreclosures under contract in Avalon Park 49 182 184
Non-Foreclosures pending in Avalon Park 43 46 51


Here are the sold properties from the past week ending 01/19/2010


Address Zip Beds Baths List $ Pool DOM Sold $ SP/SqFt F/B
16123 OLD ASH LOOP # 27 32828 3 2.5 89,900 43 86,500 58.76 B
14147 TURNING LEAF DR 32828 3 2.5 135,000 22 113,500 59.99 F
1339 MAUMEE ST 32828 3 2 135,000 466 135,000 86.32 F
13419 HIDDEN FOREST CIR 32828 5 4.5 183,150 7 184,000 64.79 B
16242 TUDOR GROVE DR 32828 4 3 207,900 Y 14 202,000 69.3 B
16520 TUDOR GROVE DR 32828 3 2.5 219,900 401 200,000 78.31 F


The properties labeled with a “B” stand for Avalon Park Bank Owned properties that sold and the property with “F” illustrate a short sale that sold in pre-Foreclosure.

This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Avalon Park Real Estate and homes for sale and Avalon Park Foreclosures.

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