If you’re looking for a family-oriented community that’s got a lot to offer, you should certainly take the time to look into homes for sale at Fishhawk Ranch, one of the more sought-after spots in Hillsborough County.
When I say “family-oriented”, I’m probably understating things; a sunny day at one of Fishhawk Ranch’s water parks is a busy mix of young and old enjoying the aquatic centers, and the 25 miles of walking trails are well-used (if uncrowded). It feels like a close-knit community, because it really is; every Friday and Saturday night there are festivals at the town square,… Continue reading
If you are a real estate investor or even thinking about investing in real estate you need to understand what a 1031 exchange is. This is a great benefit for small and large investors that can give them a huge tax advantage and enable them to continue to invest in real estate. Over the years I have done multiple 1031 exchanges and have saved thousands of dollars of taxes. Of course, the only think better than deferring your taxes, is not having to paying taxes.
Below is a great article that Realtors and investors should read.
My wife and I did a HARP refinance on our Fannie Mae owned mortgage and we saved around $225 per month. This was after we re-amortized our mortgage. I did not want to through 6 years of making mortgage payments out the window by amortizing the loan over 30 years. HARP is a great program but you need to get with the right lender that is looking out for your best interest and find you the best bank to go through.
The Florida Hardest Hit Fund program to help underwater homeowners ended Oct. 2 after 25,000 owners applied. But it might reopen and accept new applications next year. Even though the property values in Tampa Bay have gone up over the last 18 months many homeowners are still underwater and need help.
Underwater homeowners could get more state help with mortgages
“Florida homeowners current on their mortgages are expected to get a second chance to slice as much as $50,000 off the amount they owe.
Key leaders of a state agency that is distributing the money said this week they want… Continue reading
With so many renters getting ignored by their hedge fund landlords it would be wise for them to start know their rights as a tenant. As a landlord of over 18 years I can tell you that most states have very strict guidelines of what a landlord can and cannot do. If the landlord keeps crossing this line they are going to pay a hefty price. If you know anyone who is going to be renting a home they need to read below.
Here’s What Happens When Wall Street Builds A Rental Empire
“There’s no escaping the stench of raw… Continue reading
With the Mortgage Debt Relief Act most likely not being extended in 2014, most markets will show a huge decline in short sales. The act states that lenders cannot file a deficiency judgment or 1099 if the property is owner occupant. If the act expires most people will not be doing a short sale in fear of the lien holder going after a deficiency judgment or 1099.
Lawler: Updated Table of Distressed Sales and Cash buyers for Selected Cities in September
“Look at the first two columns in the table for Short Sales Share. Short sales are down sharply from… Continue reading
It seems like the government shutdown and flood insurance are all anyone is talking about in Tampa these days. It seems like the government always finds a way to kick people when they are down. It’s not just the rich how have to buy flood insurance policies. A lot of lower income and middle income people live near the water.
Cost of Flood Insurance Rises, Along With Worries
“Sharp increases in federal flood insurance rates are distressing coastal homeowners from Hawaii to New England and are starting to hurt property values and housing sales in areas just beginning to recover… Continue reading
This article goes over some important facts about government regulations that will not only cripple the real estate industry but hurt a lot of lower income and middle class families. If American’s knew a fraction of what our politicians (DEMS, GOP and Obama) are really doing with all these regulations there would be riots in the streets. I hope everyone takes the time to read this and get educated.
New mortgage regulations will squeeze working-class buyers
“Regulations that go into effect Jan. 1, 2014, prohibit banks from approving mortgages for anyone whose debt-to-income ratio is higher than 43 percent.
Banks… Continue reading
It’s no surprise that foreclosures are down over the last 12 to 18 months. With the real estate market being on fire, most homeowners have seen their home appreciate 10% – 20% over the last 12 months. With home prices increasing more people have equity in their home and therefore they can sell or not give it back to the bank and pay their debt.
Foreclosure Inventory Down 33%, CoreLogic Says
“The nation’s foreclosure inventory continues a precipitous decline, falling 33 percent year-over-year in August, according to CoreLogic’s August National Foreclosure Report. About 939,000 homes were in some stage of… Continue reading