Important News about FHA Loans for Tampa Bay Florida Condo Buyers

By , November 19, 2009

Important News about FHA Loans for Tampa Bay Florida Condo Buyers


This is important news about FHA loans. Since we keep in close constant contact with  mortgage representatives they let us know so that we can let *you* know.

Effective for FHA case numbers issued as of December 7, 2009, HUD is changing the way condos are approved for FHA financing.

As of December 7, 2009, FHA’s Spot Loan Approval process for condominium projects will be eliminated. There are now two approval process options:

  • 1. HUD Review and Approval Process (HRAP) and
  • 2. Direct Endorsement Lender Review and Approval Process (DELRAP) – the preferring method for approval as it is typically faster.

Only lenders that are DELRAP (Direct Endorsement Lender Review Approval Process) lenders can approve FHA condos.

This is HUGE news. This means 3.5% down on APPROVED condo projects.

If you are already familiar with the condo loan approval process please note that the following changes will take place:

  • Projects with two or more units are now eligible
  • Financing is available for existing and new construction projects
  • All approved projects will be listed on the FHA website and valid for two years

*KEEP IN MIND:  These guidelines will be similar to conventional loans such as: No more than 15% HOA 30 day lates,  full two years of financials, budget, condo docs, 51% owner occupied etc…

THERE WILL BE MORE INFORMATION UPCOMING so when they become available we will post them here.

Here is the direct link to HUD’s Condominium Approval Process for Single Family Housing.

This outlines in detail their guidelines. “Right of First Refusal” stated in the condo docs and ”55 or Older” communities may be scrutinized and possibly declined according to these guidelines due to discriminatory reasons.

http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/09-46bml.pdf

Search for Your Tampa Bay Florida Dream Home Like An Agent With Listingbook

By , November 9, 2009

Search for Your Tampa Bay Florida Dream Home Like An Agent With Listingbook

Search the Tampa Bay MLS Like an Agent FREE

Search the Tampa Bay MLS Like an Agent FREE

What is Listingbook?

Listingbook gives you the opportunity to search the Tampa Bay MLS online like an agent for FREE. It gives you the most up-to-date information available. It also gives you the power to search for your dream home at YOUR convenience 24 hours a day, 7 days a week.

With your Listingbook account, you gain in-depth details on all the properties that interest you.

Listingbook’s robust Property Detail page provides the most property data available. Comprehensive price history allows you to view reductions that have occurred since the property has been listed. Days on market gives you insight into the time that the property has been available for sale.

Search up-to-the-minute area sales and sold data! With Listingbook you know the same day a property changes to sold status.

With your FREE Listingbook account, you can organize and save your property searches in an easy-to-use online interface.

  • Save your favorites
  • Receive new listing alerts
  • Get notified of price reductions

Listingbook’s integrated communication tools allow you to stay on track. Ask questions on a specific property or create private property notes for your reference.  Get the tools to manage your home search the right way. Your way!

You can go directly to www.FreeTampaBayHomeSearch.com and sign up for a FREE Listingbook account in the box OR we can set up a FREE Listingbook account for you.

Fill out the form below and let us know:

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Boot Ranch in Palm Harbor Florida Real Estate Home Sales Statistics October 2009

By , November 8, 2009

Boot Ranch in Palm Harbor Florida Real Estate Home Sales Statistics October 2009

Glimpse of the Target store at Boot Ranch in Palm Harbor Florida courtesy of Google Maps:


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In the Multiple Listing Service (MLS) realtors ® list it under “Boot Ranch” under “Subdivision Name.”

One villa in Boot Ranch in Palm Harbor Florida that was listed in the MLS sold in October 2009:

Boot Ranch in Palm Harbor Florida Real Estate Home Sales Statistics October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 1657 Arabian Lane 3 2.5 1,870 $219,900 $200,000

There are currently two single-family homes in Boot Ranch in Palm Harbor Florida listed in the MLS as “Pending Sale” and two single-family homes and one townhouse in Boot Ranch in Palm Harbor listed in the MLS as “Active With Contract.”

If you currently own a home in Boot Ranch or in Palm Harbor Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Boot Ranch or in Palm Harbor Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your Palm Harbor Florida dream home:

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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

Beacon Woods in Hudson Florida Real Estate Home Sales Statistics October 2009

By , November 8, 2009

Beacon Woods in Hudson Florida Real Estate Home Sales Statistics October 2009


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In the Multiple Listing Service (MLS) realtors ® list it under “Beacon Woods” under “Subdivision Name.”

Eight single-family homes and one condo in Beacon Woods in Hudson Florida that were listed in the MLS sold in October 2009:

Beacon Woods in Hudson Florida Real Estate Home Sales Statistics October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 7834 Fox Den Row (This was a bank-owned property.) 3 2.5 1,876 $42,500 $39,000
2 12905 Wedgewood Way #A (condo) 2 2 1,144 $52,500 $49,900
3 8203 Heartwood Lane (single-family home) 2 2 1,152 $60,000 $60,000
4 12310 Quail Run Row 2 2 with a pool 1,152 $74,900 $74,900
5 8414 Clover Hill Loop (single-family home) 2 2 1,687 $79,800 $82,000
6 13010 Western Circle (This was a short sale.) 2 2 with a pool 1,519 $95,000 $95,000
7 13122 Shadberry Lane (single-family home) 3 2 1,994 $99,900 $95,000
8 12814 Ironwood Circle (This was a short sale.) 3 2 with a pool 1,771 $104,500 $97,000
9 14308 Spanish Wells Drive (single-family home) 3 2 with a pool 1,915 $169,900 $158,000

There are currently 10 single-family homes and one condo in Beacon Woods in Hudson Florida listed in the MLS as “Pending Sale” and four single-family homes and one condo in Beacon Woods in Hudson listed in the MLS as “Active With Contract.”

If you currently own a home in Beacon Woods or in Hudson Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Beacon Woods or in Hudson Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your Hudson Florida dream home:

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Tell us what area(s) you are interested in buying or selling

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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification

Country Club Estates in Hudson Florida Real Estate Home Sales Statistics October 2009

By , November 8, 2009

Country Club Estates in Hudson Florida Real Estate Home Sales Statistics October 2009


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In the Multiple Listing Service (MLS) realtors ® list it under “Country Club Estates” under “Subdivision Name.”

One single-family home in Country Club Estates in Hudson Florida that was listed in the MLS sold in October 2009:

Country Club Estates in Hudson Florida Real Estate Home Sales Statistics October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 7302 Windsor Street 2 1 1,118 $65,000 $45,000

If you currently own a home in Country Club Estates or in Hudson Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Country Club Estates or in Hudson Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your Hudson Florida dream home:

Your Name (required)

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Tell us what area(s) you are interested in buying or selling

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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

Crest Ridge Gardens in Holiday Florida Real Estate Home Sales Statistics October 2009

By , November 8, 2009

Crest Ridge Gardens in Holiday Florida Real Estate Home Sales Statistics October 2009


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In the Multiple Listing Service (MLS) realtors ® list it under “Crest Ridge Gardens” under “Subdivision Name.”

Two single-family homes in Crest Ridge Gardens in Holiday Florida that were listed in the MLS sold in October 2009:

Crest Ridge Gardens in Holiday Florida Real Estate Home Sales Statistics October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 1609 Derrick Street 2 2 1,086 $69,900 $67,000
2 4742 Zodiac Avenue 2 2 1,087 $80,000 $69,000

There are currently five single-family homes in Crest Ridge Gardens in Holiday Florida listed in the MLS as “Pending Sales.”

If you currently own a home in Crest Ridge Gardens or in Holiday Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Crest Ridge Gardens or in Holiday Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your Holiday Florida dream home:

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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

Shore Crest in Dunedin Florida Real Estate Home Sales Statistics October 2009

By , November 8, 2009

Shore Crest in Dunedin Florida Real Estate Home Sales Statistics October 2009

Glimpse of the Edgewater Drive area in Dunedin Florida area courtesy of Google Maps:


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In the Multiple Listing Service (MLS) realtors ® list it under “Shore Crest” under “Subdivision Name.”

For October 2009 one single-family home in Shore Crest in Dunedin Florida that was listed in the MLS sold:

Dunedin Florida Real Estate Home Sales Statistics: Shore Crest October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 115 Edgewater Drive 3 2.5 3,132 $599,000 $538,500

There is currently one single-family home in Shore Crest in Dunedin Florida listed in the MLS as “Pending Sale” and two single-family homes in Shore Crest listed in the MLS as “Active With Contract.”

If you currently own a home in Shore Crest or in Dunedin Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Shore Crest or in Dunedin Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your Dunedin Florida dream home:

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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* * This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

Chelsea Place New Port Richey Florida Real Estate Home Sales Statistics October 2009

By , November 7, 2009

Chelsea Place New Port Richey Florida Real Estate Home Sales Statistics October 2009


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In the Multiple Listing Service (MLS) realtors ® list it under “Chelsea Place” under “Subdivision Name.”

For October 2009 one single-family home in Chelsea Place in New Port Richey Florida that was listed in the MLS sold:

New Port Richey Florida Real Estate Home Sales: Chelsea Place October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 1235 Middlesex Drive 4 3 with pool 2,372 $249,900 $235,000

If you currently own a home in Chelsea Place or in New Port Richey Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Chelsea Place or in New Port Richey Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your New Port Richey Florida dream home:

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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

Dunedin Florida Real Estate Home Sales Statistics: Brae Moor October 2009

By , November 6, 2009

Dunedin Florida Real Estate Home Sales Statistics: Brae Moor October 2009

Glimpse of the Brae Moor area in Dunedin Florida area courtesy of Google Maps:


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In the Multiple Listing Service (MLS) realtors ® list it under “Golden Acres” under “Subdivision Name.”

For October 2009 one single-family home in Brae Moor in Dunedin Florida that was listed in the MLS sold:

Dunedin Florida Real Estate Home Sales Statistics: Brae Moor October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 1967 Bonnie Court 3 2 with pool 1,750 $199,000 $195,000

There is currently one single-family home in Brae Moor in Dunedin Florida listed in the MLS as “Active With Contract.”

If you currently own a home in Brae Moor or in Dunedin Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Brae Moor or in Dunedin Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your Dunedin Florida dream home:

Your Name (required)

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Tell us what area(s) you are interested in buying or selling

Your Message

Enter the Code Below
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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

New Port Richey Florida Real Estate Home Sales Statistics: Golden Acres October 2009

By , November 6, 2009

New Port Richey Florida Real Estate Home Sales Statistics: Golden Acres October 2009

Glimpse of the Shoppes at Golden Acres New Port Richey Florida area courtesy of Google Maps:


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In the Multiple Listing Service (MLS) realtors ® list it under “Golden Acres” under “Subdivision Name.”

For October 2009 two single-family homes in Golden Acres in New Port Richey Florida that were listed in the MLS sold:

New Port Richey Florida Real Estate Home Sales: Golden Acres October 2009
Address Bedrooms Bathrooms Square Feet Listing Price Sale Price
1 10431 Granning Lane (This was a bank-owned property.) 5 4 with pool 2,937 $145,900 $159,000
2 9815 Hilltop Drive 3 2 with a pool 1,741 $299,999 $245,000

There are currently two single-family homes in Golden Acres in New Port Richey Florida as “Active With Contract” and three single-family homes that are “Pending Sales.”

If you currently own a home in Golden Acres or in New Port Richey Florida and are thinking about selling we can help get it sold quickly and for maximum market value. We have experience marketing and selling homes throughout Pasco and Pinellas Counties. Fill out the form below or call us at (727) 376-0530 for a free no-obligation Comparative Market Analysis.

If you are thinking of buying a home in Golden Acres or in New Port Richey Florida and would like additional information about this community fill out the form below or call us at (727) 376-0530. We can help you find your New Port Richey Florida dream home:

Your Name (required)

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Tell us what area(s) you are interested in buying or selling

Your Message

Enter the Code Below
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We assure you that we will not sell, rent, or otherwise disclose any information you provide to us above to any person or entity.

* This information was retrieved from GTAR, PSAR & WPBR ® for October 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

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