Archive for Real Estate
Do You Have A Bank of America Mortgage On Your Port St. Lucie, Jensen Beach, or Stuart Home?
If you bought a home in Port St. Lucie, Stuart, or Jensen Beach and Bank of America is your lender, you may be in for pleasant surprise. I never thought I’d hear “Bank Of America” and “pleasant” used in the same sentence, but their new policies on mortgage modifications could be very pleasant to their sub prime [...]
Short Sale VS Bank Owned (REO) Homes in Port St. Lucie, And Missed Opportunities
The difference between a short sale in Port St. Lucie and a bank owned home is often just a difference in time. The bank owned (REO) homes could have been sold through a short sale just months earlier, saving the seller a foreclosure on their credit, and perhaps allowing the buyer to get a better deal, with less competition.
First Time & Existing Home Buyer Tax Credit Ending Soon
There’s still time to qualify for the First time & Existing Home Owner Tax Credit, but not much. The deadline to purchase a home and receive the tax credit is April 30, 2010. We put together this short video with some of the most important facts and links
Attempting a Loan Modification? Get Ready For A Lot Of Frustration
You are not alone if you’re frustrated in doing a loan modification. Thousands who want to stay in their home are hoping a loan modification will help. The Federal Housing Finance Agency says that as of November 30, 2009, a total of 405,700 trial and permanant modifications had been accomplished
First Time Homebuyers Competing with Investors In Port St. Lucie
When first time buyers, or any buyer for that matter, find a home they want to make an offer on in Port St. Lucie, many find that their “highest and best” offer will not be the best in terms of financing. On many bank owned properties, the investors have stepped into the market with cash. This often causes a seller or lender to take
$8,000 Tax Credit – Many Buyers in Limbo
A decision should be reached soon on the fate of the $8,000 tax credit to first-time homebuyers. Most Realtors will tell you that sales have slackened due to the fact that now it’s too late to find a home, go to contract, and close by the current November 30, 2009 deadline. Many buyers rushed in and bought homes which weren’t really the ones they wanted just
Extending $8,000 Tax Credit – For It or Against It?
There are pros and cons when it comes to extending the $8,000 tax credit. The ones who are in the camp for the extension are the National Association of Realtors, The National Association of Home Builders, and The National Mortgage Brokers Association. They claim that in the last nine months, the credit has spurred sales of h
Short Video From The Florida Realtors Association Explaining The First Time Home Buyers Tax Credit
Here is a short animated video explaining the First Time Home Buyer’s tax credit. If you have any questions about this tax credit, please email us, or give us a call at 772-335-5400. Unless Congress extends the credit, you must close on the home by November 30, 2009, so time is running out.
A Happy Port St. Lucie Home Buyer From Switzerland
In most foreign countries there is no such thing as an MLS (Multiple Listing Service), so when buyers come to the United States, most are under the impression that each home for sale must be shown to them but the agency that has it listed. This was the case with Marco Sturm and his girlfriend, [...]
With Help From The First Time Home Buyer Tax Credit Buying Is Now Cheaper Than Renting
Depending on the price of the home, of course, first time home buyers are now finding real estate deals that are more affordable than renting. With the market flooded with bank owned foreclosures in the sub $100,000 range and an $8,000 tax credit back from the government, some buyers are finding their monthly