So you’ve decided that this is the right time for you to purchase a home…now what? It’s so easy to be overwhelmed by what you’ve seen in the media, or the experiences and advice your friends and family have shared with you. However, home hunting should be an exciting adventure, and having the right real estate agent by […]
Ask a Realtor: Why Does It Take So Long to Buy a Short Sale?
Q. I want to put in an offer on a short sale but the listing agent said it could take 6 months just to get a response from the bank as to whether my offer is accepted or not! Why so long?! A. A short sale involves selling your home for less than the balance […]
Liane’s Deal of the Day: Arthur Rutenberg New Home Ready This Month!
As a Realtor, I’m always on the lookout for fabulous deals for my clients, as well as for myself as an investment! If I wasn’t already moving in 16 days (yikes, now I know how panicked my clients feel at moving time!), I’d be checking into this Arthur Rutenberg home that came across my email […]
Mortgage Interest Deduction Could Disappear
During the second half of 2010, there has been talk of proposals to end the mortgage interest deduction, with adversaries stating that its an unfair advantage to homeowners – renters are not given this advantage, and buying a home is a personal choice and the government should not reward people for homeownership. From the homeowner’s […]
Another Homebuyer Tax Credit Coming in 2011?
Our own Senator Bill Nelson, Florida Democrat, said recently that money saved by eliminating congressional earmarks should be used for another Homebuyers Tax Credit for another boost in home sales for 2011. 2010’s $8,000 tax credit for qualified first-time homebuyers and a $6,500 credit for repeat homebuyers seemed to help stimulate a lackluster housing market, […]
No More FHA Financing on Some Tampa Condos
In November 2009, HUD issued new guidelines for FHA condominium mortgages, and one of those new guidelines was the re-certification process. Under the new rules, condo buildings must be re-certified every two years for HUD/FHA approval. Why is this important? Well, here in Tampa, from the looks of things, not every building has re-applied for […]
