Stunning Rent Rises Might Open Way for Investors as Well as First-Home Buyers As a Tampa Realtor working with clients who want to relocate from another city, I’m often asked about the pros and cons of buying versus renting. I recently did a blog post diving into the details of fresh studies showing that, in […]
Pros and Cons For Investors Buying Rental Property-Tampa, Fl
The rental conditions are very strong here in Tampa Bay. Does it make sense to invest in real estate now and retire later? What makes Tampa so great for real estate investors? One reason we have a great market for investors is our close proximity to MacDill AFB. Military personnel have a guaranteed housing allowance […]
The Downside for Sellers who pursue Short Sales-Tampa Fl
Banks: No exceptions for short sales Increasingly, sellers seeking short sales are encountering a new twist. The Tampa Real Estate Market is no exception. Lenders are agreeing to let some short sales go through, but they want the home owners to sign a note promising to pay some or all of the balance due – […]
Investors Face Tax Liability on Short Sales-Tampa, Fl
What is a Hard Money Loan and When Should You Use One?
What is hard money and how do you find a lender? Hard money is an equity based real estate loan that should only be used short term or when you or the property cannot qualify for Conventional, Jumbo, VA or FHA financing. For instance, if the homeowner has filed bankruptcy, went through a short sale […]
Tampa Ranked #2 as BEST City in Nation to Invest in Rental Property [STATS]
Thinking of investing in real estate in Tampa Bay? I wanted to share with you the Rental Property Investor report created by All Property Management, which ranked the Tampa Real Estate Market as the 2nd best city in the nation to invest in rental property. The 2014 first quarter report has just been released and […]
Waterfront Homes for Sale In Tampa Bay Could See Large Price Drops
Last week I published a news article on Florida’s Flood insurance crisis. Basically, FEMA has redrawn flood zones, meaning properties that were once not considered at risk could now be part of a flood plain. This is just part of the story. New premium rates for those who where being subsidized by the federal government […]
Competitive Jumbo Mortgage Rates Are Making A Comeback for The Wealthy
Jumbo Loans and Financing: 6 important steps to apply for jumbo loan in Tampa Jumbo loan rates have recently become very competitive with regular loans. Some banks are now offering lower rates and financing costs, and million-dollar homes in Tampa are becoming a relative bargain. Deals on jumbo loans will likely cause an increase in […]
Grand Central Condo in Channelside For Sale-Extra Large Balcony!
Great Downtown and Channelside Views from this large 2 bedroom/2 bathroom condo. Grand Central at Kennedy in the Channelside District of Tampa is one of the only investor friendly condo communities in Tampa’s Channelside District with no rental restrictions. Search all condos for sale at Grand Central here. Contact us for a showing!