Hello readers: I’m posting an article that was in The Tampa Tribune a couple weeks ago. Shannon, the reporter from the times, called me for an interview! I highlighted the article where she quotes what we disscused regarding the housing market in Tampa Bay. By SHANNON BEHNKEN | The Tampa Tribune Published: March 27, 2009 Joseph […]
St. Pete Times article explains how to buy a 180K home for 121K
Should you buy now? Discounts look favorable in Tampa Housing Market-2009 Here’s a column from today’s St. Petersburg Times: It’s actually the most cut and dry, easy to understand article that I’ve seen. It explains all the ways you can use today’s Tampa Real Estate Market, Low Interest Rates and the National Home Buyer Tax Credit to your […]
NEW FHA loan limits for Tampa, St. Petersburg Area!
GREAT NEWS!!!! We are now able to use last year’s maximum loan limits on FHA which in Hillsborough, Pasco & Pinellas is $292,500 (much better than the &$271,050 we were rolled back to). Don’t forget about the 8,000 tax credit for home buyers. This is not just first time home buyers, it is for anyone […]
New 2009 Home Buyer Tax Credit Info-Tampa, Fl
The American Recovery and Reinvestment Act of 2009 ENHANCED HOME BUYER CREDIT Who Qualifies?: Anyone who has not owned a home for the preceding three years. That means you may still qualify for the incentive even if you and your spouse owned a home more than three years ago. How Much?: The incentive calls for […]
New rules raise the bar for condo mortgages- Tampa, Fl
In a move that will make it even more difficult to qualify for a condo loan, Fannie Mae is putting a host of new conditions on mortgages for condominiums. View from 345 Bayshore Condo Lending giant Fannie Mae is slapping tough new requirements Fannie Mae’s timing ”couldn’t be worse,” said Jack McCabe, a South […]
Mortgage Rate Forecast 2009-CNBC Interview
If you’ve been on the fence about buying a home in the Tampa Bay area; you’ll want to read this news article about interest rates. It’s hard to believe in today’s economic environment, but the overall Bond market, including Mortgage Bonds, are contending with the “I” word this morning…inflation…thanks to Fed member Frederic “Uncle Freddy” […]
Do your research on Condo and HOA fees! Tampa, Fl
As Real Estate Agents in the Tampa Real Estate Market we are seeing so many different obstacles to overcome. Most stems from the foreclosures and it’s effects on the Real Estate Market here in Tampa bay. This is a guest post from my business partner Michelle Jordan at Prudential Tropical Realty. When she told […]
Home Shopping Holiday Bargain Advice! Tampa, Fl
I asked Katie Hughes with Prospect Mortgage to give me her Home Shopping Holiday Bargain advice! Mortgage rates have dropped AGAIN and are at their lowest point in generations. Here’s what she said about the Tampa Bay Housing Market: If you have been on the fence about buying or refinancing a home, now is the […]
Tampa Bay Real Estate Buying and Investing Group-Tampa, Fl
Join us for the Tampa, Fl Real Estate Buying & Investing Meetup. This group is organized by experienced Real Estate Agents and is intended to educate and share ideas with other people who have similar interests. Learn the differences between home auctions, short sales, and bank owned property. We will be teaching negotiation techniques, contracts, […]
How does the first time home buyer tax credit REALLY work?
The frequently asked question about the new federal tax credit for first time home buyers is “does it have to be repaid”? The answer isn’t exactly a cut and dry and yes or no. What the government has defined as a first time home buyer is misleading in my opinion. It’s actually a big bonus because it really isn’t […]