5 Great Tips for first time homebuyers-Tampa, Fl

Timing Couldn’t Be Much Better for First-time Homebuyers–
Be Sure You Make the Right Moves
By Rae Catanese, PA
Prudential Tropical Realty-Tampa, Fl
First-time homebuyers dominated the U.S. real estate market in 2009, accounting for roughly half of all residential transactions, according to the National Association of REALTORS®.
That trend is likely to continue well into the new year. That’s [...]

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Buyers research troubled neighborhoods in Tampa BEFORE purchasing-Tampa, Fl

One problem we are experiencing in the Tampa Real Estate Market is a very large quantity of short sales and foreclosures. This leads to not only abandoned homes, but an even larger problem with HOA fees not being paid by the homeowners.
A good buyer’s agent can tell you which neighborhoods are in trouble. Imagine buying a [...]

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U.S. Cheapest Homeownership Market Reports Tampa #5

Business Week Article explains when conditions are favorable to own rather than rent.
Tampa Bay Ranked #5 in their report.
Tampa Metro (Fla.)
Own/rent ratio: 115%
Annual cost to own: $10,823
Annual cost to rent: $9,444

From Channelside

South Florida is has been hit hard by the recession, and home prices in Tampa have taken a dive. The metro was the country’s 19th-largest [...]

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Short Sale questions answered-Tampa, Fl

What is a short sale?
 A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed.

Right now in Tampa one half of all homes on the market [...]

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How to know if you are ready to buy a home!

If you are a first time home buyer you probably have a lot of questions on how to buy a home, and if it is the best decision for you and your family.  As a Buyer’s Real Estate agent, I would be more than happy to answer any other questions you may have about the [...]

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Chinese Drywall used in Florida can destroy your home

Dick and Nancy Nelson, who say the Florida retirement home they bought new in 2006 has Chinese-manufactured drywall, contend all their appliances with copper are failing, according to CNN affiliate WFTS-TV.
“The washing machine, the dryer, the microwave, a refrigerator — these are all brand-new appliances, and they’re breaking down,” Nancy Nelson of Palmetto told the [...]

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How a Buyer’s Real Estate Agent Can Help You

Before you start your home search you may want to think about a few things:
There is never a wrong time to buy the right home.  All you need to do in the short run is find a good buy and make sure you have the financial ability to hold it for the long run.
The lack [...]

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First Time Home Buyers getting GREAT deals-Tampa, Fl

Hello readers:  I’m posting an article that was in The Tampa Tribune a couple weeks ago. Shannon, the reporter from the times, called me for an interview!  I highlighted the article where she quotes what we disscused regarding the housing market in Tampa Bay.

By SHANNON BEHNKEN | The Tampa Tribune
Published: March 27, 2009
Joseph and Daisy Pardo [...]

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How to Buy a Foreclosure in Tampa Bay

During the month of March, In Florida, one in every 282 homeowners received a foreclosure notice. In the U.S. One in every 538 American households received either a default notice, auction sale notice or bank repossession, according to RealtyTrac’s U.S. Foreclosure Market Report. With foreclosure filings up 57 percent from a year ago, (Source: [...]

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Distressed about Short Sales and the Process? Tampa, Fl

 When I started thinking about a title for this article I came up with quite a few.  The METHOD of the Short Sale was 2nd choice.  Although, we are finding there is NO Methodology in the Tampa Real Estate Market.

Putting in an offer on a Short Sale Home in the Tampa Bay Area?  
Thinking of buying a short sale [...]

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