JP Morgan Chase started the trend by offering up to $25K to sellers, and now Bank of America has also begun offering homeowners who are delinquent on their mortgages anywhere from $5,000 to $20,000 if they successfully complete a short sale. If the Seller does not qualify for Chase’s or Bank of America’s programs, the […]
Archives for October 2011
Walker Whitney Condos Available in Downtown St. Petersburg
I have a few friends who are renters in the Walker Whitney building in downtown St. Petersburg. I can’t blame them – its a gorgeous building with amazing views of downtown and Tampa Bay! Naturally, I keep an eye on our Multiple Listing Service for new listings in Walker Whitney so that I can share […]
Citizens Insurance Sinkhole Coverage Changes
You may have heard in the news that Citizens is raising sinkhole coverage rates significantly in January due to new legislation regarding sinkhole coverage. Florida Insurance Commissioner Kevin McCarty approved an average statewide increase of 32.8 percent, which still will pinch many homeowners but is far from the absurd 447 percent increase Citizens initially sought. […]