Condo Market News

Selling a Condo in Tampa Bay, Fl Could Get Easier-New Lending Rules

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 … Continue reading Selling a Condo in Tampa Bay, Fl Could Get Easier-New Lending Rules

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VENTANA CHANNELSIDE CONDO AUCTION! TAMPA, FL

CHANNELSIDE CONDO AUCTION! VENTANA-TAMPA, FL 33 Luxury Channelside Condos For Sale• Minimum bids from $145K Pricing Example: A 1 bedroom 2 bath condo, 1,143 square-foot condo at Ventana has a minimum bid of $145,000. It’s last asking price: $473,100. Total units in building 84. There are only 33 remaining. Maintenance fees are calculated at .33 … Continue reading VENTANA CHANNELSIDE CONDO AUCTION! TAMPA, FL

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More Bankrupt Developments Liquidated-Clearwater/St. Pete, Fl

It will be interesting to see what these condos will sell for, or if they will turn into rentals. In the Tampa Bay Real Estate Boom the Opus South Condo Tower Developments orginally listed at an average sale price of 700K. The two developments have been purchased for an average sale price of 137,00 per … Continue reading More Bankrupt Developments Liquidated-Clearwater/St. Pete, Fl

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MAJOR changes to FHA finacing Condo approvals-Tampa,Fl

I just received this and thought I’d share it with you regarding financing FHA approved condos in the Tampa Bay area. Major changes to Condo Approvals As of October 1, 2009 ALL FHA condo approvals will be GONE. We will be starting from scratch with NO approved projects untill Lenders start submitting approval packages to … Continue reading MAJOR changes to FHA finacing Condo approvals-Tampa,Fl

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Towers of Channelside Condos for Sale and Bankruptcy update-Tampa, FL

Towers of Channelside Bankruptcy update-Tampa, Fl Towers of Channelside The Towers of Channelside has been in receivership for the past couple months. Receivership is a form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee. During that time they have taken most of the condos off the … Continue reading Towers of Channelside Condos for Sale and Bankruptcy update-Tampa, FL

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What you need to know about NON Warrantable Condos, Fl

This is a guest blog post from Tony Marks concerning Non-Warrantable Condos here in the Tampa Bay area. Buyers in our local Real Estate Market are seeing a large number of condos that cannot obtain financing and here’s why. “I took time to check with my lenders, and none of them at the moment offer mortgages for Non-Warrantable Condos … Continue reading What you need to know about NON Warrantable Condos, Fl

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Westshore Yacht Club High Rise Waterfront Tower Promotion-Tampa, Fl

Luxury Condo Tower offers deals on inventory condominiums You don’t want to miss out on the Westshore Yacht Club wave of living in South Tampa. There is something unique about the lifestyle within the community that provides the splendor of living on the water with access to Old Tampa Bay and the marina, yet still enjoy … Continue reading Westshore Yacht Club High Rise Waterfront Tower Promotion-Tampa, Fl

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Skypoint Condos Selling and FHA Approved-Downtown,Tampa

Skypoint Condos for Sale! latest…Update for The Luxury High Rise Condo SKYPOINT in Downtown Tampa, Fl. Skypoint Condo-29th Floor The best deals are Resale units that are in foreclosure and short sales. Pricing is now starting in the 140′s! This is great news for buyers looking to get a deal now. The condo building is now … Continue reading Skypoint Condos Selling and FHA Approved-Downtown,Tampa

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New Owner's of The Place at Channelside decide to rent building

It’s official! The new owner’s of The Place at Channelside have decided to turn the condo development into rentals. What does this mean for people who purchased the condos and are either living there or trying to sell them? It doesn’t look good, that’s for sure. You can’t help but feel sorry for those who … Continue reading New Owner's of The Place at Channelside decide to rent building

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The Place at Channelside Auction Winner Announced-Tampa, Florida

The new ownership of The Place at Channelside Development has been disclosed. After reading the article the only disagreement I have is that they said there is no market for condos right now. When I posted the last article about the Place going to Auction we received an overwhelming response from people who were wanting … Continue reading The Place at Channelside Auction Winner Announced-Tampa, Florida

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The Place at Channelside Auction sells for 21.9M

Tampa Bay Business Journal by Michael Hinman Staff writer Breaking News on the outcome of the Auction at the Place in Channelside-Tampa, Fl The identity of the group in line to buy The Place at Channelside has yet to be revealed, but the purchase price is now public. The 243-unit complex on Channelside Drive … Continue reading The Place at Channelside Auction sells for 21.9M

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