Today has been an exciting day for us! It looks like all the social media efforts and blogging about the Tampa Real Estate Market is finally paying off after 3 years. Channel 10 ABC Action News called today regarding a story they are doing on short sales in the Tampa Bay area. They are also […]
Fannie Mae is rolling out new lending guidelines
Fannie Mae is rolling out new lending guidelines Tuesday, September 1, 2009. Being approved for a home loan could be much more difficult. The new rules mark the first major underwriting update since April of this year. The changes are mostly geared at fraud prevention. Among the updates: Stock options are no longer eligible for “reserves” Relocating families […]
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 […]
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 […]
What are the benefits of 203K financing?
With the amount of short sale and foreclosures on the market in the Tampa Bay area, the 203K loan program may be a great opportunity to purchase a distressed property and renovate it the way you want to. Most of these properties have been abandoned and need work. If you have the vision, and can put a […]
Your property taxes could increase in 2009 Tampa Bay.
Many home owner’s are eagerly awaiting the public hearings to determine if Hillsborough County will increase the Millage rates for 2009, which could cause an increase in property taxes. Yes, property values have come down, but that doesn’t mean your tax bill will be lower if the proposal gets approved. I received an email today from […]
U.S. Cheapest Homeownership Market Reports Tampa #5
Business Week Article explains when conditions are favorable to own rather than rent. Tampa Bay Ranked #5 in their report. Tampa Metro (Fla.) Own/rent ratio: 115% Annual cost to own: $10,823 Annual cost to rent: $9,444 From Channelside South Florida is has been hit hard by the recession, and home prices in Tampa have taken a […]
BEST Guide to Real Estate Investing, Foreclosures and More!
A friend, author and colleague of mine Dan Auito, just released a new Real Estate Investing Book called “Be A Real Estate Heavyweight.” This is a real estate investing tool and resource. Learn how to invest in foreclosures and bank-owned REOs There are many wanna be real estate investors out there and in today’s Real […]
Increase in sales for Tampa Real Estate Market -Tampa, Fl
Prudential Tropical Realty Announces First Quarter Increase TAMPA BAY, FL – Prudential Tropical Realty announced this week that it has posted an increase in sales during the first quarter of 2009. During the time period of January – March, 2009 the company posted a 20 percent increase over Jan.-March 2008 in pending dollar volume. Even […]
Free Home Buyer Seminar at IKEA in Tampa
First Time Home Buyers Seminar @ IKEA “$500 certificate for closing costs to anyone that attends” Hosted by: Transcontinential Lending Group Price: FREE Infact we are giving away $500 dollars for attending Date: Tuesday, September 15, 2009 Time: 7:00pm Location: IKEA Ikea Tampa, FL – www.ikea-usa.com 1103 N. 22nd Street, Tampa, Fl 4 reviews, […]