Below is some information that I hope you find helpful. I have also included sites that provide information about Punta Gorda and activities I'm directly involved in.

I hope that you enjoy them and find them useful.

 

Foreclosures: A legal process by which the lender moves to seize the property of a homeowner, usually due to the homeowner not making payments on the mortgage.

 

Short Sales: A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes.

 

For helpful information on buying a home click here.  

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