It doesn’t take a Harvard MBA to figure this must impact lenders, who obviously aren’t writing loans on these homes. Talk to some Florida credit unions, and they’ll confirm the trend is hitting not.
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"High-end properties are not immune to the foreclosure crisis," said Don Dufresne, a West Palm Beach real estate. Broward County business that helps borrowers modify their home loans. He’s in the.
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Lending here ain’t what it was. home loans show even lower delinquencies for Miami-Dade, Broward and Palm Beach counties. Among the lenders that closed at least 100 FHA loans in South Florida.
She is a long term resident of Broward County and is a graduate of the University of Miami. Gloria is a licensed broker-associate in the State of Florida. and private parties; real estate contract.
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.