Stop Cap & Trade To Save The Real Estate Market

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Think of selling your home? Surprise! Under the new Cap & Trade bill your home must pass a stringent environmental audit before selling. Most homes over ten years old will not pass this EPA inspection without thousands of dollars in upgrades / repairs. All homes will be required meet the latest EPA standards for energy efficiency before they can be sold.  Be prepared to replace appliances, … [Read more...]

Save Flatwoods Park!

Due to the 140 million dollar Hillsborough County budget cut, the Hillsborough County Regional Parks are in serious jeopardy of closing. Hillsborough County parks encompass 16,500 acres and serve 4.9 million guests annually. Some or all of these regional parks may have to close permanently by 2011 unless you act now. Please read the information below and act to save Flatwoods Park and other great … [Read more...]

Doing a Short Sale without Missing Payments?

Question: I'm facing tough decisions about my financial future and am considering a short sale on my home. Do I need to miss payments in order to do a short sale? Answer: The Making Home Affordable initiative may have changed the status quo.  There is new evidence that some lenders are allowing short sales without requiring a home owner to miss payments, especially with the new government … [Read more...]

Short Sales: HELOCs and 2nd Mortgages

Question: I am upside down on my Tampa home, and I have 2 mortgages. Can I do a short sale? Answer: Yes, absolutely. As Certified Distressed Property Experts (CDPEs), we ensure that you are aware of all options including: refinancing, modification, deed-in-lieu, short sale and foreclosure. To qualify for a short sale, you must demonstrate an acceptable hardship, financial insolvency, and a … [Read more...]

Closing Costs: What to Expect When Buying a Home in Tampa

Question: I'm a first-time home buyer and I am not clear on all the costs involved in purchasing a home in Tampa. I have enough money for a down payment, but what other costs will I see? How can I minimize the required costs? Answer: The primary costs are listed below, along with some ideas on how to reduce the impact. We recommend contacting a local Tampa lender to obtain a pre-qualification … [Read more...]