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During our recent visit to Switzerland, I realized how privileged we are in the United States to have such great opportunities to be home owners. Most people rent for their whole life there. It is simply too expensive to own. So let’s take advantage of this true American dream, where home own [Read More]

It was July in 2005 when I first felt the chill in real estate values in my community of Hernando County Florida. Until that time the previous two years were pure fantasy in sales. I thought values would continue to escalate for years to come. But the market suddenly went still especially in water [Read More]

Banks appear to be treating short sales as exactly what they appear to be; foreclosures gone bad. In other words, in the past, foreclosures almost always returned 100% of the first mortgage that the banks were holding, back to them and so they just waited the three months, sent the warnings to the [Read More]

I have customers from South Carolina that put a bid in on a short sale. The seller signed the listing agreement, signed the contract and we received the "short sale letter" and gave our escrow deposit to the title company. All the things we are suppose to do. My inspector goes over to do [Read More]

While the sale of single family homes is on the rise and the market is beginning to make a come back, the condominium market has been slammed by the suffering real estate market pretty hard.   Corus Bankshares, Inc., a lender based out of Chicago and one of the biggest lenders to high-en [Read More]

Who says real estate isn’t moving? There are a lot of buyers out there looking to find that perfect home at a rock bottom price. Here in Spring Hill, Florida; which is in Hernando County (that’s north of Tampa) there are a lot of lender owned homes and a big demand for them. The ML [Read More]

Home sales are on the rise in Florida! The first quarter of the year shows that the homes sales in Miami,Miami-Dade County alone, have jumped 72% and condominium sales rose 51%, according to the Florida Association of Realtors (FAR). In addition to the tempting low home prices, the low interest ra [Read More]

Hernando county  is in line to receive almost 4.3 million dollars to help with foreclosed and abandoned properties in areas of greatest need. These areas include 34606,34607,34608,34609,34614 and 34601. There are 2 separate allocations in this funding one is NSP which is purchase ass [Read More]

4506-T What is it... A 4506-T is a form that the borrower must sign so that we the broker or the lender can go and request a copy of the tax transcripts which shows exactly how the borrower has filed their past 2 years tax returns. This is basically a precaution that the lenders are taki [Read More]

The Obama Administration predicted that the foreclosure-prevention program, that went into effect on March 4, 2009, could aid nearly 9 million people across the nation in saving their homes. The plan was written to encourage lenders to assist borrowers that were at-risk by lowering their interest r [Read More]