PALM BEACH, Fla. – July 28, 2010 – With today’s reduced property values and increased unemployment, it’s tempting for some homeowners to just throw their hands up in defeat, allow the bank to take their home in foreclosure and rid themselves of the monthly mortgage burden. Even suffering through the paperwork and stress of a […]
Archives: July 2010
534 5th St N, Saint Petersburg, FL
Old NE St. Pete 4/3.5/1 + 2/1 cottage For Sale!
727 50th Ave. North St. Pete – Just Listed for sale
Updated Lending Info
John Fenech’s Lending Reminders: FHA Financing • FHA maximum loan in Tampa Bay $292,500 • FHA down payment needed from borrower 3.5%. All of this can come from a family gift. • FHA seller concessions currently at 6% of purchase price • FHA processing time for SLS is approximately 30 days. • Owner occupied only […]
2010 Tax values are in! but don't head to the Skyway Bridge just yet!
So how about that news from the Pinellas County Property Appraiser’s office this week? Well before you head out to jump off the Sunshine Skyway read this to get a better understanding of just what that the real estate tax assessment means for you. Many Pinellas County residents will open that little purple and white […]
June 2010 Pinellas County Real Estate Stats
June 2010 Real estate MLS stats, there are some very good signs here.. Download the PDF file below. MLS Stats for June 2010 “Click to download” If you are considering buying or selling a home and would like additional info or a market study done on your property please call us, we are happy to […]
Congress gives homebuyers more time to close for tax credit. Obama signs extension bills
On July 2, Pres. Obama signed into law HR 5623, the Homebuyers Assistance and Improvement Act of 2010, which extends the homebuyer tax credit closing date to Sept. 30, 2010, for qualified buyers with a purchase contract that was signed by April 30, 2010. He also signed HR 5569, which retroactively reauthorizes the Federal Emergency […]
Congress extends homebuyer tax credit and flood insurance
The U.S. Senate passed two bills last evening previously passed by the House. Both bills still need President Obama’s signature to become law, but that’s expected to happen quickly. Homebuyer tax credit The Senate passed HR 5623, which extends the mandatory closing date to qualify for the homebuyer tax credit. The contract deadline does not […]