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Opinion

May 20, 2009
Just another example of why a SHORT SALE is NOT a pleasant experience for a home buyer. I had a home listed as a SHORT SALE, had a contract on the home, and to top it off, a divorce situation with the seller's. We have been trying to get the seller's to submit all documents to start to pr [Read More]
May 16, 2009
The median price of homes in Spring Hill, Fl. (Hernando County which is about 45 miles north of Tampa) has dropped but there are lots of sales. First time home buyers are in the market buying for their own home and sometimes for investment. Their purchases are being made at the lower side of the ma [Read More]
May 15, 2009
When you here there is a Real Estate Auction, what is the first thing that comes to mind? "REAL LOW PRICES ON HOMES" Well that is what we should be thinking but that does not seem to be the case according to a recent study. Turns out that Mass Auction sales do not always make it to clos [Read More]
May 14, 2009
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]
May 14, 2009
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]
May 14, 2009
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]
May 13, 2009
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]
May 11, 2009
For buyers and sellers alike, there is great risk in financing a short sale in these far too difficult times in Hernando County Florida. A seller is already in a tight enough spot trying to unload their home at far less than the mortgage. Once a bank approves a short sale, the sale must close on t [Read More]
May 10, 2009
On my way to overnight camping trip with friends by the Withlacoochee River last night on the Hernando County, Pasco County Florida line, I received a nervous call from a buyers agent. "JAZ is that four acre lot on Sunshine Grove road in Brooksville still available?" JAZ: "Yes it is, how much is t [Read More]
May 9, 2009
The New Mortgage Reconciliation: A short sale For all the homeowners with mortgages owing far more on their homes than the market allows (upside down) and cannot make their payments because of being fired from work, forced from employment, business failure, marriage failure, or an option mortgage t [Read More]