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A recent quote on CNN Sunday by Shaun Donovan, HUD Secretary, has caused plenty of turmoil in the real estate industry. After stating that a restoration of the homebuyer tax credit is "not off the table" and that it is "too soon to say" if the tax credit would be revived, Donovan's remarks sparked c [Read More]

Im wondering if the Realtor rules regarding Steering,Blockbusting and Redlining apply also to Lenders working with our clients or anyone for that matter...One of these would really apply.....I would think they would have a similar Code's...I would be curious to know?

A mortgage foreclosure is a legal proceeding in which a lender terminates a homeowners right to the property in question. When a borrower defaults on a mortgage that is held by the lender, the lender has the right to repossess the property. Once the property has been repossessed by the lender, the b [Read More]

The first change to the flood plain designations in Collier County, Florida have been released, showing that nearly 1/3 of Golden Gate Estates is currently in a flood zone. This has left residents curious as to how their homes have fallen in a flood zone if their homes are well above sea level.The n [Read More]

What does it take to sell acreage in this market without giving it away?! Thanks!!

Puerto Rico is a fantastic option for people looking to buy investment property. It is already a US territory, which makes the process of buying property a little easier. Nonetheless, Puerto Rico is a separate nation and has laws governing the buying and selling of real estate that you need to under [Read More]

Mortgage giant, Freddie Mac announced this week that mortgage rates have hit an all time low for the 9th time in 10 weeks. Mortgage rates on 30 year fixed rate mortgages have continued to decline since the spring of this year. Although the rates have continued to fall, home sales don't seem to be mo [Read More]

This daily changing market is making harder and harder for a "smooth" transaction. The first step for a buyer, as I am sure you know, is to get pre-approved. Be sure that you have given all the financial information they have requested and you have to disclose everything because it all co [Read More]

My good friend wanted to invite you, your family and any/all friends, Saturday night down to her brothers place, Portu Greek Cafe for a radio remote. Radio Station True Oldies 106.3 will be broadcasting live from his place this Saturday night. There will be drawings for all kinds of prizes and give [Read More]

Due to the expiration of the Homebuyer Tax Credit sales of existing homes were expected to fall and fall they did. During the month of July home sales dropped 27.2% in a monthly comparison, according to the National Association of Realtors (NAR).Sales are currently at the lowest level in over a deca [Read More]