Sheila's Tampa Real Estate News Blog
Let’s face reality, we have a good four to five years of short sales left so Realtors, buyers and sellers need to be educated on the process. Over half the homes I take my buyers to are short sales. It is imperative as a Realtor, to explain to the buyer what to expect. First the [...]
Tags: foreclosure, pre foreclosure, short sale, Tampa Real Estate
What does the Fannie Mae and Freddie Mac bailout meant to home buyers and sellers? The bailout could mean lower interest rates, which will hopefully encourage buyers. The expectation for a 30-year fixed conventional loan rate to fall over the next few weeks as much as a half percent. Unfortunately, the declining housing market will [...]
Tags: buyers, Fannie Mae, foreclosure, Freddie Mac, government bailout, homeowners, mortgage, sellers
The TRIM notices have been delivered in the Tampa Bay area and some homeowners are not happy. The promise of a tax cut deflated by higher assessed values of their homes. The increased assessments pretty much wiped out the promises by Amendment 1. Homeowner’s state they do not understand how their home’s assessed value can [...]
Tags: amendment 1, appraised value, foreclosure, homeowners, market prices of homes, Save Our Homes Amendment, Tampa Real Estate
If you are facing foreclosure, I want you to know you have options. If you can prove a hardship such as loss of a job or illness you may qualify for a short sale. A foreclosure is more damaging than one may think. We all know it has profound effects on your credit (250 to [...]
Tags: Fannie Mae, foreclosure, Hillsborough, Pasco, pre foreclosure, short sale, Tampa Real Estate
As of today, there are currently 3,277 active short sale/foreclosure properties listed in the Multiple Listing Service in the Tampa Bay area. In addition to the short sales/foreclosures, there is another 929 bank-owned properties currently listed. The numbers pulled from MLS are not a representative of the total amount of foreclosure and bank-owned properties. As [...]
Tags: bank-owned properties, foreclosure, homes, housing market, REO, short sale, Tampa Real Estate
Sheila's Trulia Blog Sheila's Q&A on Trulia Sheila's ActiveRain Blog
-- Skype Sheila!
