I don’t typically like to discuss politics with clients or on my blog because everyone is entitled to their own opinion and I respect that, but with that said, sometimes politics find their way into affecting my real estate business and thus I have to share. Today I received a forward email from a loan […]
6 Reasons You May Not Want to Counter that Offer
“Can’t we just try?” I cannot tell you how many times I’ve heard this from Sellers (and Buyers too!) When selling a Tampa Bay home, you could “try” a counteroffer – but you are taking a risk and there are a few points you should consider first, while attempting to take your emotions out of […]
3 Major Loan Servicers Denied Government Financial Incentives
Big news today for Tampa homeowners who are under water on their home. The Treasury Department is withholding financial incentives from 3 of 10 of the major mortgage servicers participating in President Obama’s Making Homes Affordable program loan modification program and the HAFA short sale program. For the first time, the administration’s monthly “housing scorecard” […]
Do you Qualify for a Loan Modification? Free Online Calculator
The Treasury Department is offering a free online calculator that helps borrowers estimate whether or not they qualify for the Home Affordable Modification Program ( HAMP). The calculator is available at checkmynpv.com. In the two years since its launch, HAMP has helped more than 270,000 borrowers receive permanent loan modification, thus lowering their monthly mortgage […]
Selling Your Tampa Home: How to Price Using Comparables
Knowing how much homes similar to yours, called comparable sales (or in real estate lingo, “comps”) sold for gives you the best idea of the current estimated value of your home. The trick is finding sales that closely match yours. What makes a good comparable sale? Your best comparable sale is the same model as […]
14.6% Inaccurate, Yet Now Zillow to do Zestimates on Rentals
Previously I’ve lamented about the inaccuracies of Zillow’s “Zestimate”. Here in Tampa Bay, the Zestimate’s margin of error is about 14.6%. That’s because there is no way a Zestimate can tell if a home has upgrades or not, has an amazing view, versus a neighboring home that does not – it simply takes an average. […]
