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February 13, 2009
It's always nice to get good news on a Friday, especially on Friday the 13th! According to the Florida Association of Realtors (FAR), Hank Fishkind, a Florida economist, has announced that home sales have finally hit the bottom and although they are still declining slightly, they are beginning to s [Read More]
February 13, 2009
DAILY MORTGAGE NEWS Well as we all know there are banks closing down their wholesale market on a daily basis but today i'm reporting the opposite. We have a new wholesale  mortgage lender Virgin Money, so don't be suprised to see that little red Virgin logo on your mortgage documents [Read More]
February 12, 2009
Apparently gift cards aren't just for Birthdays anymore. When you have no idea what to get someone for their birthday, you go with Gift Cards. Apparently a Hernando County Commissioner thinks that's a good idea for the local economy also. According to today's St.Pete Times, Jim Adkins wants to [Read More]
February 12, 2009
Susie Orman, financial guru had an article in February 16th issue of People which said the only positive thing going on now is real estate prices. People who thought they could never be afford to buy a home now can. She goes on to say there was a time where rent was more than a mortgage but with th [Read More]
February 12, 2009
DAILY MORTGAGE NEWS: It looks like CEO's from major banks such as Bank of America & Citigroup are stepping up to help out with the current foreclosure crisis going on. Bank of America CEO even went as far as to temporarily suspend foreclosures. Citigroup's CEO was even willing to c [Read More]
February 11, 2009
Yesterday my day started in the quaint Rising Sun Cafe by the courthouse in Brooksville meeting a seller to discuss and then accept an offer on his house for sale. When we left I realized how much I enjoy Brooksville life. There are issues like anywhere, taxes, government, and disagreements...but I [Read More]
February 11, 2009
It appears as if the differences between the House version and the Senate version of the new economic stimulus bill have been negotiated! Democrats in the Senate needed at least two republican votes, and received three, to get the 60 votes that are needed to pass the bill, although not one republi [Read More]
February 10, 2009
Today is the big day! What day is that you ask? Well, it's the day that Treasury Secretary Tim Geithner is supposed to announce what the Obama Administration is planning on doing about the foreclosure crisis, of course! How the administration plans on addressing the crisis remains a mystery, all w [Read More]
February 9, 2009
A new tax credit, that was approved by the Senate on Wednesday, February 4, 2009, could allow potential homebuyers a subsidy of up to $15,000 on real estate purchases, if approved by Congress. In the summer of 2008, the tax break that passed allowed a credit of $7,500 to first time home buyers with [Read More]
February 8, 2009
Yesterday I had the pleasure of showing homes to a nice couple looking for their first home. Like most young couples just starting out the home they were searching for will be a modestly priced home but still very nice with the ability to grow in value over the years and become a viable investment. [Read More]