First-Time Homebuyer Tax Credit Seems to be Working

I have seen a strong influx of first-time homebuyers coming off the fence and helping the housing market and the economy.  The $8000 tax credit that became effective as of January 1st this year is apparently working.  Not to be mistaken with a tax deduction, this is a true tax credit.  The benefit of [...]

What does a buyer do if the home doesn’t qualify for an FHA loan?

How does a buyer who cannot afford a hefty down payment take advantage of the great home deals on the market today?  Most of the lower priced homes in the $50,000 to $90,000 price range do not qualify for a straight FHA loan because they need work.  So what is a buyer to do?  [...]

Short Sales and Multiple Offers

Technorati Tags: Realtor,short sales,Multiple Listing Service,offers,multiple offers
As a Realtor, I run my business honestly and play by the book.  I get very frustrated with other Realtors who do not think as I do.  I take pride in what I do and think a Realtor’s only concern should be for their customer.  If you treat [...]

McCain proposed buying bad mortgages

In last nights presidential debate, McCain stated that if he wins the presidency, he would propose a $300 billion bad mortgage bail out.  Under his plan, the federal government would use the allotted $300 billion to purchase bad mortgages and would rework the mortgages with the homeowner with a fixed interest rate based on [...]

Mortgage Aid Coming

If you can no longer afford to make your mortgage payments because of a hardship, you need to pick up the phone and call your lender.  Congress approved a mortgage aid plan on October 1st that may help you stay in your home.  This program is more aimed at lenders and it is up to [...]

Tags: foreclosure, mortgage payments behind, pre foreclosure, short sale, Tampa Real Estate