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Archive for April, 2009

FORECLOSURE HELP

Monday, April 27th, 2009

The following groups are available to help at-risk homeowners: • HUD at (800) 569-4287, (877) 483-1515, or www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm • HOPE NOW, a cooperative effort of HUD mortgage counselors and lenders to assist homeowners: (888) 995-HOPE or www.hopenow.com • NeighborWorks America: www.nw.org/network/home.asp • Federal mortgage modification and refinancing programs: www.makinghomeaffordable.gov • The Controller of the Currency’s [...]

Dispute your assessed value?

Sunday, April 26th, 2009

With the steep slide in property values many homeowners are trying to fight their assessed values with the Value Adjustments Board (VAB).  Market values have come down, and many homeowners feel their properties shouldn’t be assessed at the levels they’re seeing. But a key point to remember is that property assessments aren’t based on today’s [...]

Home Sales Rise: It is not all doom and gloom!

Friday, April 24th, 2009

Florida’s existing home sales increased in March, making it the seventh month in a row that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). March’s statewide sales also increased over the previous month’s sales level in both the existing home and [...]

5 Factors That Decide Your Credit Score

Saturday, April 18th, 2009

Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: 1. Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history. 2. How [...]

Foreclosures in Central Florida

Thursday, April 16th, 2009

1 out of every 73 homes are in Foreclosure, which is an increase of 12% from February. CALL today for your free list of bank owned properties in the area. They are going quickly! With prices ranging from $25,000 for a condominium to single family home as low as $90,000, these prices are too good [...]

Financing for Condominiums – FANNIE MAE GUIDELINES

Friday, April 10th, 2009

Financing for condominiums has just gotten tighter. Jan 15th Fannie Mae’s tighter restrictions went into effect for condominium loans The restrictions attempt to make new condominium loans safer for investments. Since Florida has been considered high risk, Fannie Mae will be conducting project eligibility for Florida’s new and newly converted condominium projects. Here is a [...]

Just a few steps to help sell your home…

Tuesday, April 7th, 2009

1. Look at your home through the buyers eyes. 2. Visit open houses in your neighborhood. Are similar homes priced lower? Selling prices may have dropped since your first comparative market analysis. You want to stay ahead of the competition. If you do lower your asking price, consider a figure slightly below those of other [...]

Celebration – Stats as of April 2, 2009

Thursday, April 2nd, 2009

Celebration offers a combination of condominiums, townhomes and single family homes.  Here is a brief snapshot of the current state of the market here in Celebration. As of April 2nd there are currently 390 (a reduction of ACTIVE inventory of 7% over the previous month) properties listed in our MLS system ranging in price from [...]