The following article was released May 12th and we wanted to post it in its entirety. President Obama said that struggling homeowners need even more help from the banks, in a CBS town hall that aired Thursday. Calling housing “the biggest headwind on the economy right now,” Obama broached two relatively new ideas for the […]
U.S. Treasury Loosens HAFA Guidelines!
HAFA stands for Home Affordable Foreclosure Alternatives and is a program instituted by the government. Banks who took bailout money have been forced to participate in HAFA. If you are facing foreclosure and are behind on your mortgage, it may be in your best interest to do a HAFA Short Sale. The benefits of being […]
Ask a Realtor: What is a CDD?
Q: I have been looking at Tampa homes for sale and see that some of them have a “CDD” . What exactly is a CDD and how is it paid for by me? A: CDD stands for Community Development District. It is paid as part of your tax bill each year. A CDD is a […]
Adventures in Real Estate: Showing a Hoarder’s House
I decided to add a new feature to the blog called “Adventures in Real Estate” after having some conversations with other Realtors and discussing strange and/or funny situations we’ve run into in this business we love called Real Estate. Hope you enjoy reading about my crazy real estate adventures! The most recent odd thing that’s […]
Deficiency Judgments Haunt Homeowners Years Later
Interesting article in the St. Petersburg Times a few days ago I had to share. As Tampa Bay expert short sale listing agent, I know that its a common misconception of homeowners that if they walk away from their mortgage and allow their home to be foreclosed on or if they agree to a deed-in-lieu, […]
HUD offering Government Owned Foreclosures for only $100 Down
Check out this article on TampaBay.com today about a little known HUD program whereby you can purchase a home for as little as $100 down! No, we are not condoning buying a home if you only have $100 in the bank, but this is a great program for those who want to save most of […]
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