Florida Hardest Hit Fund Information

SHORT_SALE PIC FOR BLOG

Florida HHF Program: Financial Assistance for Unemployed Homeowners   In February 2010, US Treasury (Treasury) created the “Housing Finance Agency (HFA) Innovation Fund for the Hardest-Hit Housing Markets” (HFA Hardest-Hit Fund). The funds were allocated to 18 states and the District of Columbia to assist in foreclosure prevention efforts. A total of $7.6 billion has… Read More

Short Sale Seminar Nov 7, at waterlefe

short sale seminar

If you are considering doing a short sale? Upside down on your mortgage? Considering a Bankruptcy? Behind on Credit Card payments? Would 5-25,000 dollars help out to relocate? Interested to refinance at today’s low rates, but unable to? Upcoming Free seminar this coming Monday November 7, 2011 at the Waterlefe Golf and River Club from… Read More

Obama Announces changes to HARP Loan modifications for all Fannie and Freddie Mac Loans?

This is breaking news as the Obama administration has side stepped Congress to help underwater homeowners refinance their higher interest loans at today's lower rates.  This could be a big step forward to helping underwater homeowners here in Manatee and Sarasota counties get into a more manageable payment that they can afford.   Some big… Read More

August market report showing signs of stability in Bradenton, FL

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Inventory in Manatee County continues to be tight.  We have not had this low a level of homes for sale in the Bradenton area since 2004, with only 3488 homes available throughout Manatee county.   Given the current rate of absorption, we can be considered to be in a flat market, and close to a SELLERS… Read More

New loan modification program from Freddie Mac

There may be hope for those that have tried for a loan modification without success.  Freddie mac has announced that they will have a program for modifying delinquent borrower's mortgages for those that have tried, and failed prior modifications, and also for those that do not qualify for the HAMP program.   I have heard… Read More

June market update sales on the rise

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June was a busy month here for real estate homes selling briskly in Manatee county.  It was interesting to hear that Case/Schiller Index showed property values rising by 1% in 20 major metro markets. I have noticed a big change in prices especially in the entry level market. For example, in Greenbrook Walk, a neighborhood… Read More

Now You Can Substitute a New Buyer for One Who Walked Without Restart, Awesome news!

SHORT_SALE PIC FOR BLOG

This should really help speed up the process when short sale deals fall apart.  Nothing worse then getting a deal approved, and the buyer cancels the deal. I am glad to see that Bank of America is using some common sense on the realities of short sale process.  Many times I have had a short… Read More

Short Sale Approved in less than 24 hours!

happy home buyers

Submitted the contract and approved in less than 24 hours!   Most everyone who has considered buying a short sale thinks that there is nothing “short” about a short sale.  This is not always the case! Time frames for a short sale offer to be approved typically are measured in months not days.  This was… Read More

Trying to figure out HAFA? A great explanation here

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Short sales are now one of the largest segments of homes for sale in Manatee County.  Although the amount of listings has begun to diminish I get questioned on the HAFA program daily.  I located a good resource guide throughout REALTOR.COM web site   This gives a step-by-step to the HAMP and HAFA programs.  I… Read More

Is your home “underwater”? 4 considerations

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If you own a home in Sarasota or Bradenton. you could be on of 44% Sarasota and Bradenton homesowners that is UNDERWATER! That’s almost half! As a local Real Estate Expert in Sarasota and Bradenton I have compiled my “top 4 considerations”. If you owe more than your home’s value, you have three choices. Keep… Read More

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