Southtamparealestate's Blog

Over 50% of Loan Modifications In Default Again

southtamparealestate — Tue, 09 Dec 2008 17:30:41 +0000

My broker is a great macro market analysis guru… with some great discussion about how loan modifications are failing for borrowers and how the underlying fundamentals of real estate make for a great investment in South Tampa and beyond

Over 50% of Loan Modifications In Default Again

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Georgetown Apartments Sold at Auction

southtamparealestate — Mon, 08 Dec 2008 02:58:39 +0000

Reacquired by Bank of America at foreclosure auction.

This project was to be the site of 1200 new homes in South Tampa at the Westshore Beach Club.

Now it may very well return to it’s prior use of 650 low income apartment units.