President Announces Making Homes Affordable Program Update.
April 30, 2009 at 7:52 pm | In Real Estate News, Sarasota Florida Real Estate | Leave a CommentTags: Florida Gulf Coast Real Estate News, MHA Program Update, National Real Estate News
The Making Homes Affordable Program (MHA) has a recent update, announced April 28, 2009 by the White House. The program offers addressing the Second Lien Program and Support for Homeowners.
The Second Lien Program will reach 1 to 1.5 Million Homeowners to reduce loan interest, pay for success incentives and a payment schedule for extinquishing second mortgages.
The Support for Homeowners Program includes making the home affordable by requiring servicers to refinace in tandem with MHA trial modification, pay for success incentives, more principal writedowns, legislation to help homesowners, and U.S. Treasury purchase of special Ginnie Mae Pools to provide liquidity.
Both of these programs need to pass the U.S. House of Representatives and the U.S. Senate.
Sarasota County Florida Real Estate Deals.
April 30, 2009 at 7:32 pm | In Real Estate News, Sarasota Florida Real Estate, Sarasota Lifestyle | Leave a CommentTags: Florida Gulf Coast Real Estate News, Florida Real Estate News, Foreclosure Opportunities, Sarasota Florida Real Estate News
There are some really Great Deals for single family homes and condos in Sarasota County Florida. Yesterday, we put an offer in on a Beautiful Single Family Home of 1,800 square feet with 3 Bedrooms, 2 Bathrooms, a Lanai and 2 Car Garage built 3 years ago that sold three years ago for $300,000. There were many offers on this Bank Owned Property as it was listed for $72,000. We will find out at what price the property sold when the contract finally closes. Now is the time!
Sarasota Florida Real Estate Sales for March Up 80%.
April 4, 2009 at 5:23 pm | In Real Estate News, Sarasota Florida Real Estate, Statistics | Leave a CommentTags: 100 Best Places to Live, Federal Housing Administration News for Florida Real Es, Florida Gulf Coast Real Estate News, Florida Real Estate News, Sarasota Florida Real Estate
March 2009 Real Estate sales of residential and condo properties jumped to new levels offering the best report since 2006. Residential sales increased 80% in year to date sales and total listings dropping 2%. Condo sales increased 88% in year to date sales and total listings dropping 12%. With interest rates at record lows, great property prices, and a excellent inventory, what a great time to buy!
Sarasota Florida Association of Realtors Report Pending Sales Highest In Three Years.
April 2, 2009 at 7:22 pm | In Real Estate News, Sarasota Florida Real Estate, Statistics | Leave a CommentTags: Florida Real Estate News, International Real Estate, Living in Sarasota Florida, Pace of Real Estate Sales, Sarasota Florida Real Estate Statistics
In February, pending sales of homes and condos in Sarasota, FL rose to the highest level in three years, reaching 782. Clearly, single family homes led the way with 611 and condos reaching 171. This is a 19% increase over January.
U.S. Treasury Considers Purchasing Mortgage Backed Securities to Help Drive Mortgage Rates to 4.5%.
December 10, 2008 at 5:43 pm | In Real Estate News, Sarasota Florida Real Estate | Leave a CommentTags: Florida Real Estate News, Mortgage Backed Securities, National Real Estate News, Real Estate News, U.S. Treasury Proposal
As reported last week, two government agencies are proposing plans to attempt to drive the mortgage rates as low as 4.5%. Both the U.S. Treasury and the Federal Reserve have proposed similar plans to help the housing crisis. The idea is that the increased demand for mortgage backed securities would lower the mortgage rates.
Asbestos Removal Critical for Health and Safety.
December 2, 2008 at 8:26 pm | In Florida Construction News, Real Estate News, Sarasota Florida Real Estate | Leave a CommentTags: Asbestos Awareness, Peritoneal Mesothelioma, Pericardial Mesothelioma, Asbestos Insulation, The United Nations Environmental Program, Asbestos Building Insulation
A recent article from the National Mesothelioma Center reports about the dangers of asbestos. Asbestos is a mineral with long fibrous crystals which has been used for more than a century as a form of building insulation and piping. Asbestos became popular in the late 19th century due to being resistant to heat and other deteriorating conditions.
Homes or buildings which were constructed before 1980 have a potential to harbor and contain asbestos. It is extremely important to make sure the location has been tested for levels of these chemicals by abatement contractors. Citizens of Florida should be aware that exposure to asbestos fibers become a health concern when high levels are inhaled over a long period of time.
Failure to inspect the property can make you and your family susceptible to asbestos related diseases such as peritoneal mesothelioma and pericardial mesothelioma. These types of cancer take the lives of thousands each year. With limited treatment and poor prognosis, these asbestos lung cancers kill more people than any other work related disease.
After decades of misinformation and repression of the truth, property owners, workers and real estate agents all over the world are now receiving the proper indications and information towards the risks that they face.
With increasing awareness and technology, there are a variety of insulation alternatives and building materials which easily replace the need for asbestos. The United Nations Environmental Program states that the use of recycled building materials such as cotton fiber insulation can reduce energy use by 25% to 35%. These asbestos alternatives allow for a clean, healthy environment, free of health damaging materials.
October Real Estate Sales in Sarasota Florida Increase 32% Over September 2008
November 22, 2008 at 10:53 pm | In Sarasota Florida Real Estate | Leave a CommentTags: Florida Real Estate News, Real Estate News, Sarasota Real Estate News, Sarasota Realtors
October 2008 Real Estate Sales in Sarasota Florida increased 32% over September 2008 and a 12% increase over September 2007. The best news Sarasota has seen in 18 months.
Biggar International Group Affiliated with Keller Williams Moving to New Larger Office.
November 18, 2008 at 2:51 pm | In Real Estate News, Sarasota Florida Real Estate | Leave a CommentTags: Biggar International Group, Keller Williams Real Estate News, Sarasota Florida Real Estate News
On December 1st, 2008, Biggar International Group, LLC affiliated with Keller Williams is moving their offices from 6272 Lake Osprey Drive Lakewood Ranch, FL to the John Cannon Office building in Lakewood Ranch, FL. This larger office is new and will provide more than twice as much space as the current office with much better amenities.
Sarasota Florida Approves Proscenium $1,000,000,000 Development Project.
November 18, 2008 at 2:45 pm | In Sarasota Lifestyle | Leave a CommentTags: Sarasota Florida Living, Sarasota Florida Proscenium Project, Sarasota Lifestyle
Now the Waldorf Astoria Hotel and 800 seat Nederlander Performing Arts Center can proceed with developer Lion’s Gate, based upon the Sarasota County Commissioner’s approval Monday night of the Proscenium Development Project. Good news for Sarasota, FL.
Solar Energy – Great News
November 3, 2008 at 9:46 am | In Florida Construction News | Leave a CommentTags: Florida Construction News, Florida Solar Energy, Solar Technology for Florida
The Federal Investment Tax Credit of $2,000 has been removed and replaced by a 30% tax credit on the installation of your solar system.
What will a solar system cost a home owner?
+ $43,000 Typical Residential System Cost
- $12,900 Federal Solar Tax Credit (30%)
- $20,000 State Rebate
$10,100 Total Solar System Cost after State Rebate and Federal Solar Tax Credit.
Great News. Your payback for your Investment in a Solar System is now cut in half.
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