Posts about Tri-State Real Estate (FL, GA and AL) as of July 9, 2009

Marriott’s Ocean Pointe Resort Timeshare Resales Marriott’s Ocean Pointe, a relaxing seaside retreat on Florida’s Gold Coast. Your vacation is set amid the scenic natural beauty and glamour of neighboring Palm Beach. Marriott’s Ocean Pointe offers you the proximity to fine arts and culture, high-end shopping and dining or the chance to simply unwind. Resting on Palm Beach Shores, Marriott’s Ocean Pointe brings together the cool ocean surf and warm pools for you and your family to enjoy.

MSNBC, Elkhart Project —- After a long winter, this is high season for road repair, and the Elkhart County Highway Department has a busy schedule. But deep budget cuts have forced changes in that schedule to try to get the same work done with less money. Instead of working a traditional workweek of five, eight-hour days, road crews now work four, 10-hour days. The hope is that those longer days will reduce the downtime that comes at the end of each day’s shift. “You’ve got to secure the site — there’s an hour.

How to find your Florida Vacation Rentals ? One of the most famous in Florida is Miami, Miami is a city job that runs throughout the year. It welcomes visitors from around the world who, like many travelers prefer to rent apartments or seasonal vacation rentals furnished rather than renting traditional hotel room. These locations offer furnished many attractions, they are affordable, comfortable and you will enjoy of Miami as a Floridian.

Who Really Qualifies for a Condo Loan Anyway? – pcbdaily.com 07/08/2009 Okay let me clear this up from the very beginning – I am not a loan expert nor do I play one on TV, but these days that would be a great idea. I have had several customers come to me wanting to purchase a condo and they assume that BECAUSE they have great credit and good income then they are good to go. Sometimes they even have a pre-qual letter and they really feel good. Well not so fast.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

Home sales in the Mt. Lebanon community grew again in June (51 compared to 41 in May).  And this is higher than last June’s total of 47. For the first 6 months of 2009, however, real estate sales in Mt. Lebanon are still lower than the first half of 2008 (171 vs. 193).  Here are the 51 homes that sold in June: Address List Price Sold Price 152 Rock Haven Lane 850,000 843,000 888 Old Hickory Road 399,000 389,000 374 Midway Road 359,900 350,000

Owners Perspective Magazine – Resort Connections, Inc continues to add new timeshare vacation package opportunities designed to expand options for vacationers in the area of discounted Vacation Packages. The vacation offerings provide several options on mini-vacations, with many discounts, when a full week is not possible. With their suite-style amenities, timeshares are the perfect vacation lodging for families with children, couples or groups of friends.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

Ponzi Emigrates to North America Flat Broke Charles Ponzi arrived in America with two dollars and fifty cents in his pocket, having gambled away the rest of his life savings playing cards during the boat trip. In Boston, he took a job at a restaurant, initially as a dishwasher and then, after he had learned to speak English, as a waiter. He was fired after being caught short-changing customers. In 1907, Ponzi moved to Montreal, Canada, and took a job at a bank that catered to other Italian immigrants.

BANK APPROVED!! Pre-foreclosure Brand new appliances, raised panel cabinets, granite countertops in kitchen & in bathrooms. Extra large tile throughout home installed on diagonal. Bathroom has same upgraded tile on walls with listello border, kitchen &baths have upgraded plumbing fixtures, new upgraded lighting fixtures & fans. Crown molding throughout home except for bathrooms. This is the best condo for sale, filled with upgrades in this gated community. Spacious open layout that is nice & bright.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

by Anthony M. Flores Home foreclosures have hit a record high in the U.S. Lenders are not able to collect on their loans because of numerous economic issues including high unemployment rate, this has resulted in a shortage of money and jobs. The U.S has recorded devastating foreclosure highs which has resulted in one out of every 398 homes facing foreclosure. Leading the home foreclosure race is Nevada, which continues to have one in every 33 houses on the brink of foreclosure.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

Step Right Up! Gather ‘Round! The Carnival of Real Estate (CORE) is making it’s very first stop at the Florida Mortgage Blogger this coming Monday July 13, 2009.  I’m way psyched for this, as I’ve been an avid CORE “Carny” now for some time. I had the honor of being featured as an “ honorable mention ” as part of Jim Cronin’s April 20, 2009 “Green Awards” edition of the CORE.

S aveMeFromForeclosure.com, released a new video to help homeowners prevent foreclosure. The 57 second video explains to homeowners how they can stop foreclosure fast Blaine, WA, July 08, 2009 — Today SaveMeFromForeclosure.com, released a new video to help homeowners prevent foreclosure. The 57 second video explains to homeowners how they can stop foreclosure fast. The video explains to homeowners that there are options when trying to avoid foreclosure.

The Nappi Group works hard to make your home buying search as easy and stress free as possible, We would love the opportunity to work hard for you as your buyers agent and promise to make your home buying experience a pleasant one. Feel free to contact at us 813-546-9725. Browse all the Tampa Homes for sale.richie@tampaflhomesearch.comRichard Nappi Main Real Estate Center Posted in Photos , Tags Waterfront Homes Apollo Beach Florida

The Nappi Group works hard to make your home buying search as easy and stress free as possible, We would love the opportunity to work hard for you as your buyers agent and promise to make your home buying experience a pleasant one. Feel free to contact at us 813-546-9725. Browse all the Tampa Homes for sale.richie@tampaflhomesearch.comRichard Nappi Main Real Estate Center Posted in Photos

The Nappi Group works hard to make your home buying search as easy and stress free as possible, We would love the opportunity to work hard for you as your buyers agent and promise to make your home buying experience a pleasant one. Feel free to contact at us 813-546-9725. Browse all the Tampa Homes for sale.richie@tampaflhomesearch.comRichard Nappi Main Real Estate Center Posted in Photos , Tags Channelside The Towers Condominiums Tampa Florida

The annual list is up. Interesting, as always. People: Top 200 Art Collectors of the Year Named : “‘Roman Abramovich, Debra and Leon Black, and Edythe L. and Eli Broad top the list. Our annual list of the world’s top collectors. by the editors of ARTnews name{font: 14px “Arial”, sans-serif; font-weight: bold; color: #00ADCC; line-height: 16px;} loc{font: 12px “Arial”, sans-serif; color: #000000; line-height: 16px;} job{font: 12px “Arial”, sans-serif; font-style: italic; text-transform:

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

We’re now in the heart of a major home buying season and prices are soft practically everywhere. Just maybe you’re one of the lookers. So is this a good time to buy a house? The answer: No! The reason: While the housing horror tale of the past couple of years is winding down, it’s not over yet because more financial fright lies ahead. That’s the conclusion of two recent studies and the emphatic view of a couple of fellas who had the foresight to call the housing bubble before it burst in 2006.

I have done it myself. I contracted twice for new construction houses and dealt with the builder’s representative exclusively in both cases. I would like to think I made out OK but I am not sure now 15 years later. No one ever told me when I stopped by the model home that the representative was really on the other side of the table. I guess I was am a slow learner. If you are considering a new home purchase, consider having a real estate agent represent you.

Normal 0 false false false EN-US X-NONE X-NONE Florida Real estate auctions in Hamilton County – August 15 Florida real estate auctions for approximately 53 acres of Hamilton County Florida real estate will be conducted Saturday, August 15 at 10:00 in Hamilton County. The property has recently been listed by United Country Certified Real Estate , Auctions, Marketing and Brokerage Experts, and Florida real estate auctions have been scheduled for approximate 4,782 acres.

The FBI released its annual mortgage fraud report, detailing trends seen in data from 2008. It reads much like last year’s report with additions to the every-growing cast of schemes being employed. With real estate markets predicted to experience further decline, the report warns that the upward trend in mortgage fraud will likely continue.The upshot of the 2008 Mortgage Fraud Year in Review is that depressed rea estate markets breed new ways for people to commit mortgage fraud.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

A major electronics retailer is opening multiple stores in Richmond this coming year, possibly taking over some locations left behind by Circuit City, including the former Short Pump Town Center store. Indianapolis-based hhgregg announced Wednesday morning they planned to open up to 22 stores, most of which will be located in Richmond; Tampa, Florida; and Memphis Tennessee. One confirmed location will be at Hancock Village in Chesterfield County.

A three year Citizens Property Insurance rate freeze will be lifted in January and most customers will be paying more. Wednesday, the Citizens Insurance Board voted for a 10 percent rate hike but they also voted to allow some rates to drop 10 percent. As Whitney Ray tell us, thousands of Citizens customers have been paying too much for coverage. State run Citizens Property Insurance is backing 415 billion dollars of the riskiest real estate in Florida, but Citizens collects only two billion dollars in premiums.

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The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

Florida home 2-unit home owners or those seeking to buy a 2-unit home in Florida need to be aware that, for the first time in nearly six months, Fannie Mae has recently levied strict guidelines on American homeowners. In  its official announcement , Fannie Mae released the following changes to its 2-unit mortgage financing programs, segmented by occupancy type. Primary Residence Purchase : Dropping the Maximum Loan to Value (LTV) to 80%; Resetting the minimum FICO score to 640.

RISMEDIA, July 9, 2009-When you ask Top 5 Member Sandra Simmonds from Orlando, Florida, what type of marketing is most effective with consumers, she would undoubtedly respond with interactive tools. “Interactive tools give [consumers] instant results. Consumers today are very spoiled with how quickly they can get information and responses. You have to be able to get them information immediately,” she says. In this week’s Best Practices from Members of RISMedia’s Top 5 in Real Estate Network®, meet Simmonds and learn what smart investments she’s making in today’s tough market.

I guess it’s Plan C because Plan A and Plan B have already been implemented.  The Washington Post reports on the latest attempt to slow down the realization of economic reality — which is that prices are falling — in both residential and commercial real estate [emphasis added]: Treasury Works on ‘Plan C’ To Fend Off Lingering Threats (Washington Post, July 8, 2009, David Cho and Binyamin Appelbaum) As the financial system tries to right itself after its near-collapse last fall, the Treasury Department has assembled a team to examine what could yet bring it down and has identified several trouble spots that could threaten the still-fragile lending industry.

SAN FRANCISCO, July 7 (Reuters) – U.S. mortgage fraud reports jumped 36 percent last year as desperate homeowners and industry professionals tried to maintain their standard of living from the boom years, the FBI said on Tuesday. Suspicious activity reports rose to 63,713 in fiscal year 2008, which ended last September, from 46,717 the year before. California and Florida, centers of the housing bust, had the highest numbers of suspicious reports as foreclosures jumped, the stock market dropped and credit dried up.

Before and during the housing bubble Realtors were the industry’s top dogs. Business was booming; large, expensive homes were being sold by the truckload. Times were very good and there was a lot of money to be made if your job was to help people buy or sell homes. Times have certainly changed and there is a new profession that has taken over the real estate industry — repossession or “repo”: As the U.S. foreclosure crisis grinds on, the detailed work of processing, repairing and selling thousands of homes repossessed by banks is real estate’s new gold.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

TopTenRealEstateDeals.com is a new independent website offering exciting and unique Top 10 lists of today’s best deals on real estate for sale. Their newest market addition is Sarasota, Florida. TopTenRealEstateDeals.com is a new independent website offering exciting and unique Top 10 lists of today’s best deals on real estate for sale. Their newe…

An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the winning bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange. The same set of rules applies to online auctioning too. Online auctioning has become more popular with the advent of the World Wide Web. There are a lot of items that come up for sale through auctions. One among them is real estate property.

These are just some of the internet sites that I use when I advertise my listings. Some are sites I pay for and maintain, and others are sites that I have discovered over the years.Keep in mind that many of these also broadcast my ads to even more sites. For example, when I place an ad on The Real Estate Book site, it also will appear on the Lycos, Oodle, and the Bob Villa websites. Do not be confused. If you ask most real estate agents, they will say that they DO have a webpage or advertise on the web.

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The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

Given that the Church offers no exacting technical program for getting the job of the common good accomplished in any given state or global community. But does offer a blueprint of values and insights into the necessity of applying the Gospel to our social conditions- to include economics- I offer this past guest column I wrote shortly after my run for Florida state house. It addresses some conditions particular to the state of Florida, but it contains an outline of general responsibilities that could be applied at any level of governance.

Much criticism has come of our industry in the past few months and in my opinion much of it is deserved (but I’m definitely a believer in the meme that VC isn’t broken but some of the participants are (see here , here and here )). But the VC industry is too fat – a thoughtful piece by Paul Kedrosky on shrinking the industry by half is here . The latest to weigh in was the NY Times with this well written piece in yesterday’s paper.

A model and real estate agent from Florida to get you through the day.

The new fiscal-stimulus bill temporarily allowed Fannie Mae and Freddie Mac to buy jumbo loans in some of the most expensive markets, heavily concentrated in California, Florida and the Northeast. The new congressional rules allowed the companies to enter the jumbo market to begin buying “super-conforming” loans of up to $729,750. The impact from Fannie Mae and Freddie Mac’s entry into the jumbo loan market is already flowing through to the markets.

July 8, 2009 Majority Say Housing Prices Will Hit New RecordsDespite all the negative news in real estate triggered by the nation’s financial crisis, a large majority believe housing prices will rebound and hit record highs again. Nearly 2 out of 3 surveyed say they expect home prices to recoup their losses and reach the record highs attained during the real estate boom.The Housing Predictor survey indicates that homeowners and would-be homeowners are clearly demonstrating more confidence in the economy regarding real estate than they had been.