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After six years home prices seem to be rising in Palm Beach County. Almost one-half of the communities in the county have reported an increase in prices over the last several months. The prices have risen due to a lack of inventory and mortgage interest rates that have reached near record lows.  Most well priced homes in Palm Beach County will have multiple offers within a few days of having been Continue Reading

The foreclosure crisis has caused millions of homeowners to find themselves owing more on their mortgage than their home is worth.  In the past many of these homeowners would have lost their homes to foreclosure.  Nowadays there are options.  Today the government and many major banks offer many alternatives to foreclosure.  Many of these options provide an alternative to foreclosure that will not Continue Reading

The housing market continues to recover.  Sales of existing homes are on the rise.  Prices for these homes are also rising because of low inventory.  According to the National Association of  Realtors the rental market is also strong with low vacancies and higher rents. This month mortgage interest rates are at approximately 3.4%. This is near record low. This means more people can afford to Continue Reading

The Mortgage Forgiveness Debt Relief Act was extended to December 31, 2013 by lawmakers. The extension means owner occupied homeowners now will be excused from paying taxes on forgiven mortgage debt through 2013. The law, established in 2007, was set to expire Dec. 31, 2012. The extension will mean potentially tens of thousands of dollars in tax savings for many homeowners looking to work Continue Reading

Completely renovated 3 bedroom/2 bath home just one block from intercoastal and minutes to beach and downtown Lake Worth. Fully remodeled kitchen boasts granite countertops and stainless steel appliances. Impact glass doors in mud room and backdoor.; Completely renovated 3 bedroom/2 bath home just one block from intercoastal and minutes to beach and downtown Lake Worth. Fully remodeled kitchen Continue Reading

Short sale home for sale in Boynton Beach, Florida. Wonderful lake view. Granite, tile throughout living area, screened patio, open floorplan. Buyer to assume 18 month lease at $1875. ECM home warranty plan included with the purchase.; Short sale home for sale in Boynton Beach, Florida. Full Continue Reading

Wonderful Lake Clarke Shore area. Spectacular lake view. Huge open floor plan. Large bedrooms. Gigantic patio overlooking Lake Mango. Tile throughout. Bathrooms updated. Large yard. Circular driveway. Close to I-95, beaches, City Place, airport.; Spectacular lake view from this wonderful Lake Clarke Shores 4 bedroom 2 bath 2 car garage CBS home. Huge open floor plan with tile throughout. Fireplace Continue Reading

4 closings scheduled for this week. One equity sale in West Palm Beach and the other 3 are short sales. One short sale in Royal Palm Beach, another short sale in West Palm Beach and the other short sale is in Loxahatchee. To sell your Palm Beach county home today, contact me for a free consultation! Jeffrey L. Tricoli, P.A. 561-440-4003 info@tricoliteam.com www.LakeWorthHomes.com Continue Reading

Just closed a 3/2/2 home in Lake Worth in the subdivision of Chestnut Hill. It was a HAFA approved short sale. The distressed homeowner received a $3,000 cash incentive from the lender at closing. The lender waived the right for a deficiency judgment. It was a Well Fargo HAFA short sale. It went relatively smoothly. The garage had been converted to a bedroom, so we were not accepting any FHA Continue Reading

Just sold a 3 unit property in Lake Worth. The homeowner received a $20,000 incentive from Chase and received a deficiency waiver. The buyer received a great deal on the property. Chase paid all of the title and real estate fees. Continue Reading