Our Blog

South Florida was hit pretty hard by the mortgage crisis; Lee County alone showed that 2,450 foreclosures were filed during the month of May in 2008. However, last month showed a decrease in foreclosures of over 550 less than last year. The low prices on the real estate market have sparked a rise [Read More]

Foreclosures are now hitting the people that had good credit and jobs. If you thought we had seen the worst guess again it is only now that the real dilemma shall begin. Many of the folks now facing this situation are really in a new bailiwick from their usual daily life and it seems as if it will [Read More]

The neighborhood stabilization program for Hernando county seems to be caught in limbo with nothing more than meetings and innuendo taking place while other cities and counties in Florida have already been getting on with this program. There was supposed to have been packets brought out o [Read More]

More Deatils on th $8,000 Tax Credit After some extensive research I have more details on the $8,000 tax credit. FHA approved lenders have been given the ok to use the tax credit up-front. Now here is how this works. FHA will develop a bridge-loan to cover closing costs and additional down payment [Read More]

From our Hernando County Association of Realtors in Brooksville Florida: Friday, HUD announced that first time home buyers can now use the $8,000 tax credit as a bridge loan at closing toward their closing costs or to add to their down payment. This has been a huge push by the National Association [Read More]

There are approximately 40 homes on the market in Hernando Beach ranging from $119,000 - $899,000. Last evening I had the pleasure to attend an outdoor performance by the Florida Orchestra at the Hernando Beach Club. The concert took place between 7:00 - 8:30PM so all were able to enjoy the spectac [Read More]

It is a misconception to believe that here in Florida, once "season" is over that the real estate industry comes to a halt and we all sit back and wait for January!  The truth is that real estate sales do not end at Easter, they just change hands.  The buyers during the summer m [Read More]

     SHORT SALES are not short and GREED is not good and therein lies more upcoming problems. What, again, more problems? Yup, once again, I am seeing more of the same. The majority of homes selling today are REO homes; bank foreclosures and short sales.      [Read More]

I represented an out of town buyer who put an offer on a short sale. Before the offer I went over, previewed it and took pictures for them. I presented the offer to the buyer's agent and the offer was accepted and SIGNED. I call for my inspections and how and behold when the termite inspector [Read More]

  THE PERFECT STORM: AGAIN? YESSIR SAYS HUD SECRETARY SHAUN DONOVAN. The HUD secretary has decided to allow all FHA-approved lenders to provide short-term bridge loans to eligible home buyers to help them buy a house. Translated that means to help them, the home-buyers, as well as us mortgage [Read More]