HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS
Measure to help bring stability to home values and accelerate sale of vacant properties

 
In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high (which is essentially everywhere), HUD made a surprising announcement yesterday of a positive change of policy that will expand access to FHA mortgage insurance allowing for the quick resale of foreclosed properties by investors. This change allows home-buyers to buy and resell immediately without having to wait the 90-days for title seasoning... good news for home-buyers who purchase, improve and resell properties at an affordable price to homeowners. 

Read HUD's announcement by clicking here.

NAR: Record streak for pending home sales

The Index, up 6.4% in Sept., has increased for seven straight months - the longest upsurge since the series began. Read more.

UF economist: Real estate recovery has begun.

Speaking to real estate executives on Friday, David Denslow predicts even better times when the baby boomers retire. Read more.

UF: 'Cautious optimism' for Fla. real estate

Study calls job market key to real estate resurgence and finds positive economic trends, such as higher confidence by investors. Read more.

Existing home sales show signs of recovery

U.S. housing market appears on the mend after worst collapse in 70 years, with increased sales in 40 of 55 major markets. Read more..

It's a buyer's market for home sales

Low interest rates and abundant inventory are attracting homebuyers, along with a tax credit for first-time buyers. Read more.

Florida is a business-friendly state

"Not only is Florida a great place to call home, it's a great place to do business," says 2009 FAR President Cynthia Shelton. Read more.

Low rates keeping homes affordable

Mortgage applications and refinancings are on the rise; a Bankrate study shows closing costs at 2007 levels. Read more.

International buyers believe in Fla.

According to Gerson Lehman Group, international buyers believe the Florida housing market is poised for recovery. Read more.

REALTORS SEE BUYERS RETURNING TO MARKET

"There has never been a better time to buy," says NAR, thanks to low mortgage rates and increased affordability. Read the full story.


------
--

FREE Florida Real Estate Market-Watch Alert Service

Alert AreaRealty Market Watch Our FREE
Market-Watch Alert Service
helps you keep watch on the real estate market in the same way that you would track opportunities in the stock market, with daily or weekly (your choice) email reports on changes in specific types of commercial, residential or business properties as they come on the market or when prices are reduced, based on your specific selection criteria. A licensed Florida Realtor® representative personally reviews the reports which you receive. Then, when you find the property you're looking for, use our FREE BUYERS AGENT SERVICE to help you negotiate your BEST DEAL!

As a member of this free service, you will receive regular email notifications, on a daily or weekly basis, as you require, advising you of new listings or changes in current listings of properties in the database coverage area which match your specifications. You can change the specifications of your search reports or opt out of this free service at any time. (Data service area is indicted in GREEN).

CLICK HERE
FOR YOUR FREE REALTY MARKET WATCH SERVICE!

Reports generated from data provided by Mid Florida Regional Multiple Listing Service and believed to be accurate as of the time indicated in the report but no guarantee of accuracy is implied or expressed. Service is subject to availability of the data sources indicated.

Listing Price Reduced Price Price Reduction: Location
$582,000
$418,000
$164,000
Lutz (Tampa)
$479,900
$324,900
$155,000
Tampa
$347,850
$250,000
$97,850
Tampa
$415,000 $350,000 $65,000 Apopka (Orlando)
$439,900
$399,900
$40,000
Winter Park (Orlando)

(Examples may not be current)
Call us and we'll find the deal you're dreaming about,

CONTACT:

Tim Trott, Realtor® Agent
Total Realty Corp. Deland, FL
(850) 579-0795
www.TimeToBuyFlorida.com
TimTrott.mfr.mlxchange.com
www.totalrealtycorp.com/

Always remember that opportunity can wear many disguises
MLSEqual Housing

Member Florida and National Association of Realtors

FREE BUYER'S AGENT SERVICE - Let me go to work for you to get your best deal and to guide you through the purchasing process. I'll help you determine your actual cost, assist you in locating financing, let you know what to expect at closing and answer your questions. There is no cost to you because the commission is paid by the seller.

The seller's real estate agent is working for the seller, and not for you. Their job is to get you to get as much as possible for the seller. My job as your Buyer's Agent is to look out for your interests and negotiate the best price for you. What closing costs should you pay and which should be paid by the seller? My job is to ask the questions that you might not think of until it's too late.

The seller's real estate agent splits their commission with the buyer's agent, but if there is no buyer's agent, the seller's real estate agent retains the full amount of the commission. In other words the other side is paid double for working AGAINST your best interests. The commission remains the same either way. Your buyer's agent fee is already built in, so you might as well take advantage of it. Why not have a professional working on your side?

CALL ME TODAY! 850.579.0795

WE WELCOME EUROPEAN BUYERS
Flags
Investeerders van Nederland zijn welkom hier.
De Nederland versie HIER

Tune in to Real Estate Nation online on Live 365 or iTunes

© Copyright 2008 - FlaHotProperties.com - Tim Trott Audio, Inc. - WEBicity Design - |- Powered by Cyberchute Hosting