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About 1 million homeowners could get their mortgages reduced by an average of $20,000 if major lenders. Florida. Nearly 400,000 single-family homeowners with a mortgage in Palm Beach, Broward and.
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Other sectors of real estate also are projected. by the dozens in a rash of deals in Broward and Palm Beach counties. The largest: A Miami company’s $160 million purchase of the mortgage on Trump.
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Who is willing to finance foreclosed homes that I research and market? Before the mortgage crisis of 2008-2009, buying a foreclosed home was a much more difficult proposition. Real estate bargain-hunters formerly had to follow auctions put on at courthouses or sift.
But more than six out of 10 sales in May across Palm Beach and Broward counties. should be preapproved by a lender for a specific mortgage amount so they can act quickly the moment a home is listed.
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