Fannie Mae “Short Sale Pre-Approval” May Soon Help Vero Beach Home Owners Facing Foreclosure. By pre-approving a “short sale” the lender would agree to a payoff less than the mortgage before the home is listed.
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Foreign buyers interested in Vero Beach properties. The Treasure Coast has always attracted seasonal residents from the Midwest and northern states. But lately, a different type of buyer has started to purchase vacation and retirement homes in Martin, St. Lucie and Indian River counties.
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Vero Beach Florida - After month long run at record low levels, rates on 30 year fixed rate mortgages rose above 5 percent last week
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The ongoing redevelopment of the beachside retail and commercial district will have a great positive impact for the value of residential areas on “Central Beach
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First-time buyers are finally able to afford places of their own. Retirees are paying cash, taking their money out of the stock market and putting it back into real estate. Buyers who wait until they see prices rising on Vero Beach homes will likely pay more!
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Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®.
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Home refinance is a good option for enjoying lower interest rate and build equity in your property. Your monthly payments are also predictable.
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Homes advertised as Vero Beach and Sebastian Short Sales are currently 20-30% of all available listings for sale in Indian River County.
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