Bank Gives $8,200 in Cash To My Client for Doing a Short Sale

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Bank of America just accepted a short sale on my client’s  property AND gave him $8,200 in cash back at closing! WOW. This was part of a pilot program Bank of America was doing last year and my client was lucky enough to be part of it. Many lenders are doing similar programs right now [...]

The State of the Union Address and Obama’s Housing Plans

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I admittedly missed the Presidential address last night, but found the entire speech online and read it. Wow – this President has a fantastic speech writer, it made me feel very Patriotic and teary reading it over my morning coffee.  No matter if you are on the left or right of the issues, I have [...]

Don’t Face Foreclosure Alone: One Family Fights Back Against Bank of America

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As a cancer survivor myself (Hodgkin’s Lymphoma at age 23!), I’m very involved with a local cancer charity, and last year I met a family that was in foreclosure and who’s son had a rare form of leukemia.  The wife had to leave her job to take care of the son’s medical issues full-time, and [...]

Ask Freddie Mac and Ye Shall Receive: A Short Sale Christmas Miracle

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If you read today’s St. Petersburg Times, you’ll find this article by Mark Puente regarding my ordeal with US Bank and Freddie Mac on a short sale listing I have in Tierra Verde.  I’d contacted US Bank and Freddie Mac for months – over a year actually, but it’s sad that we Realtors have to [...]

UPDATE: Bank of America’s $20K Short Sale Incentive Extended!

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We talked before about Bank of America’s new $20,000 incentive for underwater homeowners to short sale their home.  The time to take advantage of Bank of America’s New Relocation Assistance Pilot Program in Florida is ticking down to an end very quickly. Only homeowners whose short sales are submitted for approval to Bank of America [...]

Top 5 Consumer Websites for Real Estate Research

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Often we have many buyers we are working with who send us links to properties they’ve found on sites like Trulia and Zillow.  No offense to these sites, they are great for some things, but doing current real estate research is not one of them.  The sad truth is Trulia and Zillow infrequently update listings, [...]

Bank of America & Chase Offering $20K to Tampa Bay Homeowners to Short Sale

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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 [...]

Could HARP Fix Your High Interest ARM Loan?

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Traditional loan modifications, including the federal Home Affordable Modification Program (HAMP) have failed miserably to relieve struggling homeowners of mortgage payments they simply cannot afford. The largest lender in the program, Bank of America, has completed modifications for fewer than 2 percent of the 200,000 borrowers it has enrolled! Foreclosures continue to climb.  I recently [...]

REDUCED! Short Sale Listing in Seminole – No HOA!

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Check out our listing!  Back on the market after our buyer’s financing fell through.  This short sale has been verbally approved at this price by the lender – we are just waiting on a new buyer and written approval! Click here to search all Tampa Short Sales.  

Tampa Bay Real Estate Sales Stats for July 2011

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Wow – the July real estate sales stats from the Greater Tampa Association of Realtors just came in and these numbers are interesting!  We are at a 4 year record low for inventory – the number of houses on the market in Tampa Bay.  Back in 2008, we had a record 25 months worth of [...]

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