Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!  It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. When you click on any link above, you'll see your chosen site, along with a form at the bottom of your screen. Use this form to request our quick Status Report on any homes or other real estate that interests you. It's free and without obligation. Remember: As top Cocoa Beach, Brevard County and Melbourne area real estate agents, it's our job to know more about a property than any web site. Make sure you have the most current information!
Foreclosures >1. What Is a Foreclosure? A foreclosure is a legal process through which a mortgagor loses his or her equitable right to redeem a mortgaged estate; in other words, the lender completely repossesses the home from the borrower (homeowner.) The lender goes through the legal motions to sell the property, terminate all the homeowner’s rights in that property, and remove the homeowner.
What are the effects?
- The most stressful and pressing effect that foreclosure has is that the borrower loses his or her place to live.
- Foreclosure negatively affects the borrower’s credit rating. It stays on a credit report for seven years and drops a credit score 250 points.
- A borrower who’s been foreclosed on may have trouble finding and keeping jobs since good credit may be required by employers to be hired.
- A foreclosed home can bring down the value of surrounding homes.
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Nearly every state has a mandate for seller disclosure. What must a seller disclose?
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The seller must disclose any existing problems, defects or conditions that could affect the value of the house.
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Barbara Zorn
Prudential Star Real Estate
1733 North Atlantic Avenue
Cocoa Beach, FL 32931
Cell: 321-537-6262
Fax: 321-868-5566
Barbara@SoldByBarbara.com
For the second year in a Row-Barbara Zorn was #1 out of the 67,000 Prudential Real Estate agents in the United States, Canada and Mexico for total number of units sold both in 2008 and 2009. When Barbara is asked how can she continue to grow in this unique real estate environment she said "I have set up systems and processes behind the scenes to insure that buyers and sellers get all of the resources that I have available to me. I spend a lot of time in training looking for the newest in cutting edge marketing. This website is just one of the many tools I use to give the best to my clients."
  
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