Our Blog

While that might appear harsh, let me explain. I do feel bad for hard working Americans that are losing their homes....some of them. I feel bad for the good folks of Florida and other states that were in home they could afford and suddenly lost their job or got sick and could no longer afford to ma [Read More]

A survey done by the University of Florida shows that confidence levels in Florida in regards to the real estate market are at level of low rarely seen by consumers in the sunny State of Florida! This cannot be! We need to see the consumer confidence rise, only then will we see the real estate indu [Read More]

In an effort to lower energy costs and become more environmentally friendly, energy efficient appliances, building materials purchased from local suppliers and water efficient faucets are becoming a top priority among home buyers. According to the National Association of Realtors (NAR) the average [Read More]

Today is the day that the change that our country so desperately needs begins to take place. Barack Obama will be sworn in as our 44th President of the United States. The inaugural ceremony will include a luncheon, a parade of more than 13,000 participants and musical entertainment performed by Ste [Read More]

Tuesday we have a new President and every one wonders what it will do for me and those in the area of  Hernando County?  I think the biggest thing we should see is the big banks easing up and lending money. Like I previously wrote, underwritings new requirements [Read More]

Currently, first time homebuyers recieve a $7,500 tax credit that must be paid back in installments over a 15 year period. According to the National Association of Realtors (NAR) a tax credit for ALL homebuyers without a promise to repay could result in enough home sales to make a significant reduc [Read More]

Alert Warning!! For anyone who is relying on a mortgage. A new requirement has come out for underwriting. They may need to electronically verify tax returns directly with IRS. However no one told IRS. I have one deal dead because 6 weeks after closing date has passed IRS still has not confirmed and [Read More]

There are certain times of year that the real estate market either rises or declines. Typically during the spring, the market rises in leaps and bounds and during the time between Halloween and Christmas, the market comes to a standstill, however this year is different. Like so many other financial [Read More]

Good news! Good news! It appears that due to the low interest rates, the United States mortgage applications are on the rise! During the first week of 2009, refinance applications rose to the highest level since 1993! Since Fed has committed themselves to buying mortgage-backed securities, the int [Read More]

For those of you looking for a deal. Hernando County has a wide variety of choice. The Foreclosures and Short sales that are being picked up can be well below assessed value of the properties. There are Waterfront properties with full deep water Gulf access being sold well under 300,000. There are [Read More]