Archive for November, 2007

Oakhurst Park in Palmetto Florida

Sunday, November 18th, 2007

OakhurstToday’s Bradenton Herald featured a story about Oakhurst Park a new community in Palmetto, Florida. Homes prices range from $249,000 to $425,000 and are offered exclusively by two builders: Mark Cahill Homes and Johnson Homes.

The model pictured here is the Cypress priced at $327,750 by Johnson Homes with a base price just under $290,000.

Community amenities include: gated community, neighborhood park with a playground and a gazebo, lake views

Buyers represented by a Realtor have advantages others do not have.  If you are looking for a new home in Manatee County, I would be happy to be of help.

(Copyright © 2007 By Dan Forbes, All Rights Reserved.)

Please contact me, Dan Forbes, or call if you have questions about or our Bradenton, Florida real estate market at 941-746-0505; toll free 877-646-8326.  Visit my web site BradentonFloridaRealEstate.com 

13 Deadly Mistakes Made By Real Estate Investors

Friday, November 16th, 2007

SnakeJim Willig, president of the Sarasota Real Estate Investors Association, was our guest speaker at the Bradenton Real Estate Club today.  He spoke about Robert Lawry’s article, “13 Deadly Mistakes Beginning Real Estate Investors Make.”

From lack of action, to fear of failure, to abusing weasel clauses, was among the mistakes covered.  If you would like a copy of the article by email just send me a request. Contact Me

You are invited to join our meeting every Friday.  Click here for details.

10 Warning Signs of Predatory Lending in Bradenton, Florida

Friday, November 16th, 2007

Mortgage Fraud Series #8

SharkYesterday I received a call from another mortgage fraud victim in Bradenton, Florida where I work. She was scammed into allowing someone else use her good credit to buy two homes in Manatee County. Fraudulent appraisals were used to buy the two properties and the “Russian businessmen-investors” apparently skimmed the equity.  Now they have left her high and dry with mortgage balances far exceeding the value of the homes. She will soon be facing foreclosure.

Today I wanted to share the warning signs that may accompany predatory lending. (more…)

At Last, A Positive Sign in the Manatee Florida Housing Market

Thursday, November 15th, 2007

ArrowToday’s Bradenton Herald features a front page story about the Bradenton, Florida housing market in Manatee County.  The story is entitled…

“IS RELIEF IN SIGHT? At last, a positive sign: Manatee housing market inventory inches down.”

I was interviewed for this article and am quoted quite often in it. If you missed seeing it in the paper you may read it here.  Click to read

Please give me, Dan Forbes, a call with questions about our Bradenton, Florida real estate market at 941-746-0505; toll free 877-646-8326.  Visit BradentonFloridaRealEstate.Com  and my blog The Real Estate ZOO.

How Bradenton Homeowners Can Report Mortgage Fraud

Thursday, November 15th, 2007

Mortgage Fraud Series #7

FraudJailI received another call just yesterday from a Bradenton, Florida homeowner who was the victim of mortgage fraud.  Since beginning this series of posts about mortgage fraud I have been contacted by several Realtors, mortgage brokers, and attorneys who are helping victims right now.  The problem of mortgage fraud seems to be growing in conjunction with the struggling housing market. 

If you are a homeowner or borrower who suspect that you may have been the victim of mortgage fraud help is available.  Even if you were not victimized, but were approached with an illegal scheme you should report it as soon as possible.  Private organizations, state and national agencies are available to help.

To begin with you need to understand who to contact.

  1. If you suspect that you have been the victim of mortgage fraud contact the local FBI office.
  2. If you suspect predatory lending practices contact the state attorney General’s office.
  3. If you suspect wrong doing by a mortgage broker, real estate broker, or appraiser - contact the applicable state licensing board.

Here are some, but not all, of agencies and resources available to the public.

(more…)

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