Hernando County is a lovely area of rolling hills, grandfather oaks,rivers and beaches. The historic town of Brooksville is the county seat. In Hernando County alone, there has been a 41.5 percent drop in the average sales price for a single family home in the past 3 years. This is the most fluctua [Read More]

It was a popular practice about a year ago when we raise the price of the offer by 6% to cover the buyer's anticipated closing costs. The seller would give the buyer a 6% credit at closing towards "closing costs". The confusions is also that buyers think that the seller is actually pa [Read More]

The Federal Reserve reported with its Beige Book that home buying was up; mostly in the lower end of home prices and what helped was the first-time home buyer tax credit (which EXPIRES NOVEMBER 30, 2009) so you need to get in a contract ASAP to take advantage of this. Call your realtor today. We s [Read More]

OK so I am pretty new here, but I will do my best and see where this takes me. As a disclaimer I have to tell you all that I am no expert in grammatical syntax, nor am I great at editorials and proof reading. With that said, lets dive right in and talk about the train wreck we all know as Loan Modi [Read More]

We had a possible contract for a house in Spring Hill, Florida, but it was made aware to us from our lender that they had certain guidelines when a property was re-sold less than twelve months from the purchase. This is what we were told by our lender as far as their requirements: Underwriting will [Read More]

The next fiscal year begins on October 1, 2009 and for Clearwater, Pinellas County, Florida, that means that some major budget cuts will begin to take place.  Due to the 13% decline in property values, property taxes will be raised by 9%.  Less revenue will still be collected by the city, [Read More]

SOme properties on the Multiple Listing Service will say that a property does not qualify for an FHA loan because it is a fixer-upper or foreclosure. The good news that we are hearing is that FHA is now treating those loans like conventional loans and are loosening their rules on repairs, etc. So i [Read More]

Deseamos informarles a los hispanos de la nacion con interes en comprar casas o solares en la Florida Central que la ciudad de Spring Hill es excelente. Tiene un sis-tema escolar de primera, solares de medio acre por de $10000 a $15000 y casas de 3/2/2 desde $60,000. Muchas propiedades a la venta. [Read More]

The First Time Home Buyer Tax Credit may be extended beyond it's December 1, 2009 expiration date!  Not only extended but possibly expanding to ALL HOME BUYERS being allowed to take advantage of the program, which means this would make it very attractive for any buyer to purchase a home.&n [Read More]

The U.S. housing market is rebounding faster than expected as sales have jumped 7.2%. Florida has reached its 11th straight month of increased home sales. Of course the prices of homes has fallen 19%. First time home Buyers are accounting for 1/3 of the purchases with the first time home buyer cred [Read More]