Rae Catanese

Prudential Tropical Realty

Cell: (813) 784-7744

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From the category archives:

Financing and Mortgage News

The 2009 Florida Statutes Chapter 701 ASSIGNMENT AND CANCELLATION OF MORTGAGES 701.02  Assignment not effectual against creditors unless recorded and indicated in title of document; applicability. (1)  An assignment of a mortgage upon real property or of any interest therein, is not good or effectual in law or equity, against creditors or subsequent purchasers, for [...]

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TOWERS OF CHANNELSIDE CONDOS NOW FHA Approved! Designed to be a trendy, urban neighborhood, walking distance to shopping, restaurants and theater; Channelside was the hot spot a few years ago for those eager to live close to Downtown Tampa.  Over development and the crash of the housing market, had turned the residential area of Channelside into a ghost [...]

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Strategic Default: Walking Away from Mortgages – CBSNews   A million Americans who could afford to pay their mortgages on homes `underwater` walked away instead. Morley Safer reports.   (CBS) Despite some indications that the economy is recovering, the housing market remains a disaster area. Currently, about seven million homeowners are behind on their mortgages and that [...]

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 Wall Street Journal Report Freddie Mac Eases Rules for Some Florida Condos Freddie Mac said on Wednesday it would relax some rules that have made it harder to get mortgages for condominium units in Florida. The move could make it easier for some owners to sell their units. Last year, Freddie Mac and its larger [...]

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HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties This is GREAT news for the Tampa Real Estate Market as it will allow more homes to be sold in a shorter period of time.   Reducing the amount of [...]

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