Florida had 32,447 properties in some form of foreclosure Just last month?  THESE FOLKS GAVE UP ... GET HELP TODAY!

 Buy a short sale help our community.
 Consumer should be weary of Real Estate agents that tell you not to buy a short sale. Fact they are only thinking of their commission.
A Short Sale save the buyer money and helps the community get back on track.

 One Million Foreclosed Homes by Year-End
 Almost a half-million Americans lost their homes to foreclosure in the first half of the year, nearly double the same time a year ago. That’s six of every 1,000 households nationwide repossessed by the bank following foreclosure so far in 2008, according to Foreclosure.com.
The FTC has already sued two companies,
Many Florida-based companies sued, for false claims:  FTC Sues Two Mortgage Foreclosure "Rescue" Operations, and with the new law in effect, will no doubt find it easier.  The FTC promises "swift action" against anyone preying upon consumers in housing crisis.

South Florida Foreclosures Increase Nearly 200 Percent
In January 2008 - Miami, FL, February 22, 2008 --(PR.com)-- Default Research, the premier provider of Lis Pendens data in South Florida, is reporting that Florida foreclosures are up 198 percent in the first month of 2008

SACRAMENTO, Calif., Sep 08, 2008 (BUSINESS WIRE) --
Nearly 102,000 homeowners lost their properties to foreclosure in August, up nearly 6 percent from July and more than 80 percent higher than in August 2007, according to data released today by Foreclosures.com, a national leader in foreclosure information.

Wall Street Journal - More Foreclosures
The rate of U.S. home mortgages overdue or in foreclosure rose again in the second quarter as housing markets weakened, particularly in California and Florida, and more borrowers defaulted on so-called prime loans.
Among mortgages on one- to four-family homes, 9.16% were at least a month overdue or in the foreclosure process in the second quarter, according to the latest survey by the Mortgage Bankers Association, a trade group. That is up from 6.52% a year earlier and is the highest level since the MBA began such surveys 39 years ago. Wall Street Journal

Risky mortgages threaten to keep housing market down
In the mortgage industry, they are called liar loans -- mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname ninja loans, short for no income, no job and no assets.
 The nation's housing market already awash in subprime foreclosures, is now getting hit with a second wave of losses as homeowners with liar loans default in record numbers. In some parts of the country, the loans are threatening to drag out the mortgage crisis for another two years. Associated Press

Foreclosure Rescue Fraud Prevention Act of 2008
NEWS: Gov. Charlie Crist has signed the Foreclosure Rescue Fraud Prevention Act of 2008, ensuring that homeowners are properly informed about their rights before signing a contract with a foreclosure rescue entity in addition to other protections. This law helps protect you from these internet scammers.
Do not pay anyone for help - ever!

 Great News! Fannie Mae Likes Short Sales
 Due to the increased incidents of pre-foreclosure sales, Fannie Mae is establishing a 2-year elapsed time period for reestablishing credit following completion of the action.
 House Passes H.R. 3221
 The U.S. House of Representatives passed H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008. The bill includes a temporary, $7,500 first-time home buyer tax credit.

21 Lenders Sued for causing the Foreclosure Problem
 The City of Cleveland is suing 21 of the nation's top lenders saying they violated Ohio's public nuisance law.  Mayor Frank Jackson along with his Law Director Robert Triozzi announced that the city is seeking damages from the wall street companies for their part in propagating the foreclosure crisis. 

FBI Reports More Foreclosure Scams In 2007
The Federal Bureau of Investigation (FBI) has noticed that the number of mortgage and foreclosure related frauds have increased considerably. The FBI reported that the total number of mortgage fraud cases in the fiscal year 2007 nearly tripled from that in 2003.