During the second half of 2010, there has been talk of proposals to end the mortgage interest deduction, with adversaries stating that its an unfair advantage to homeowners – renters are not given this advantage, and buying a home is a personal choice and the government should not reward people for homeownership. From the homeowner’s […]
Another Homebuyer Tax Credit Coming in 2011?
Our own Senator Bill Nelson, Florida Democrat, said recently that money saved by eliminating congressional earmarks should be used for another Homebuyers Tax Credit for another boost in home sales for 2011. 2010’s $8,000 tax credit for qualified first-time homebuyers and a $6,500 credit for repeat homebuyers seemed to help stimulate a lackluster housing market, […]
No More FHA Financing on Some Tampa Condos
In November 2009, HUD issued new guidelines for FHA condominium mortgages, and one of those new guidelines was the re-certification process. Under the new rules, condo buildings must be re-certified every two years for HUD/FHA approval. Why is this important? Well, here in Tampa, from the looks of things, not every building has re-applied for […]
FORECLOSURE vs SHORT SALE: What’s The Better Deal?
Often times at Jamason & Associates, we hear from buyers “I only want to see short sales and foreclosure homes”. We understand – hey – everyone wants a deal and to save money right? Of course, and we don’t blame you! But before you decide as a buyer to tell your Realtor this, consider a […]
FHA Approved Condos: Only 3.5% Down Payment Required
It was big news when it was announced that the Towers of Channelside building got FHA approval – meaning you can purchase a condo in the building with as little as 3.5% down payment! The problem that many Tampa Bay area condo buildings are facing is the failure to obtain financing – any kind of […]
Frustrated with Searching Tampa Homes for Sale?
Although we at Jamason & Associates are always on the lookout for the perfect home for our clients, often our buyers love to search the web for homes on their own, too. They search Trulia, Zillow and many other sites and send me listings they’ve found, only to be frustrated when we look them up […]
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