Florida Mortgages: Housing Crisis USA

Florida Mortgage Information, Foreclosure USA, FL Home Loan Trends, Lender

Florida Mortgages : Housing Crisis USA

US Housing Crisis : Article

27 Jun 2012

Florida Housing

Florida Housing Crisis affected thousands of homeowners and business across the state.

Information on mortgages, realtors and mortgage brokers in FL including Florida housing statistics. The major banks are backed up with so many refinances, many raised their rates to slow down volume.

Home buyers who want a good deal in real estate invariably think first about pursuing foreclosures. Buyers have this picture in their mind of a cute little house, surrounded by a white picket fence that is owned by a widowed mom who fell on hard times, but that scenario is generally far from reality.

Sellers stop making payments for a host of reasons. Few choose to go into foreclosure voluntarily.

Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, it is a cloud on title and the lender cannot be sure that (s)he can successfully repossess the property. Therefore, through the process of foreclosure, the lender seeks to foreclose the equitable right of redemption and take both legal and equitable title to the property in fee simple.

Via: Foundation Mortgage




Florida Architecture

Florida Building – Latest Designs

St. Petersburg Pier
Michael Maltzan Architecture
St. Petersburg Pier Buildings
image from architects

St. Petersburg Pier

FAU College of Engineering and Computer Science Building
LEO A DALY Architects
Florida Atlantic University Building
photo : Island Studios Photography (Stuart Gobey)

Florida Atlantic University Building

University of Florida Building, Gainesville
Perkins+Will
University of Florida Building
image from architect

University of Florida Building

Florida Architecture

Annie Pfeiffer Chapel, Florida Southern College
Frank Lloyd Wright, Architect
Annie Pfeiffer Chapel
photo © Robin Hill

Florida Southern College

Salvador Dali Museum, St. Petersburg
HOK Architects
Salvador Dali Museum St. Petersburg
image : Moris Moreno

Salvador Dali Museum

Florida Hotel




Housing Crisis

American Architecture

American Architects

American Houses

American Housing

Comments / photos for the Florida Housing CrisisMortgages USA Article page welcome

Florida Mortgages