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Tampa Bay Florida Real Estate Sales Statistics June 2010

Statistics for Tampa Bay Florida came out strong as expected. For the month of June 2010 there were 4,862 homes for sale throughout Tampa Bay Florida which includes Pasco, Pinellas, and Hillsborough counties. Of these 4,862 single-family homes and condos for sale, 12.32% were sold:

Tampa Bay Florida Real Estate Statistics

Tampa Bay Florida Real Estate Statistics

This is a small increase from May 2010 when 11.76% of homes that were for sale on the market sold.

If you are selling your home in Tampa Bay Florida consider these numbers when it comes to the listing price. If you want your home sold seriously consider pricing your home so that it is one of the 12.32% of the inventory that is sold.

Looking to sell your home? Want more information? Fill out the form below and we will walk with you every step of the way.

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BP Oil: Effects on Clearwater Beach Florida

So far as of June 5, 2010 there are no visible tar balls on the shores of Clearwater Beach Florida near Pier 60:

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Palm Harbor Florida Condo For Sale

1 bedroom 1 bathroom condo in Lansbrook Village. Wood floors, Granite kitchen countertops. Move-in ready. Low monthly HOA of $141 per month. Listing price: $112,000. MLS # 7392228.

Whether looking to buy or sell real estate in Palm Harbor, Florida contact us for more information by leaving a comment and we will contact you.

Thank you.

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Beacon Woods Real Estate Sales Statistics December 2009

Beacon Woods is located in the Bayonet Point-Hudson Florida area and is a highly desired community with single-family homes and condos and features a golf course, clubhouse, gym, community pool, shuffleboard, tennis, bocci ball, and wonderful community events. It offers convenience to hospitals, parks, shopping, and a regional library.

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

Fourteen single-family homes Beacon Woods in Hudson Florida that were listed in the MLS sold in December 2009:

There are currently 14 single-family homes and four condos in Beacon Woods in Hudson Florida listed in the MLS as “Pending Sale” and 8 single-family homes 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:

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 December 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

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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

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Oak Ridge in New Port Richey Florida

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

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

There are currently five single-family homes in Oak Ridge in New Port Richey Florida as “Active With Contract” and one single-family home that is a “Pending Sale.”

If you currently own a home in Oak Ridge 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 Oak Ridge 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:

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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Palm Harbor Florida Real Estate Sales Statistics October 2009: Highlands Innisbrook

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For October 2009 two single-family homes in Highlands Innisbrook that were listed in the MLS sold:

There is currently one single-family homes in Highlands Innisbrook that is “Active with Contract.”

If you currently own a home 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 Palm Harbor Florida and would like additional information about this community or other Palm Harbor Florida communities, then fill out the form below or call us at (727) 376-0530. We can help you find your Palm Harbor Florida dream home:

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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Update on First Time Homebuyers Tax Credit

Senators agreed Wednesday to extend the current tax credit for first time home buyers while offering a reduced credit for repeat buyers who have owned their home for at least five years.

Although this bill has not been finalized yet, here are the details of what is expected to pass:

• First time home buyers can receive a tax credit of up to $8,000 if they have not owned a home in the last three years.
• Repeat buyers can receive a tax credit of up to $6,500 if they are purchasing another primary residence and have owned their current home for at least five years.
• In both cases, the sales agreement must be executed by April 30, 2010 and the transaction must close by June 30,2010.

This is NOT yet law.

As more details become available, we will be sure to post them here.

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Hudson Florida Real Estate

One of our readers asked us about Hudson Beach Estates in Hudson, Florida so we are posting this information for others. We see ourselves as conduits of information and are here to help home buyers in sellers throughout Tampa Bay Florida.

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

For September 2009 three single-family homes that were listed in the MLS sold:

If you currently own a home in Hudson Beach 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 County. 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 Hudson Beach Estates or in Hudson Florida and would like additional information about this community or other Hudson Florida communities, then fill out the form below or call us at (727) 376-0530. We can help you find your Hudson Florida dream home:

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 September 2009 sales. All rights reserved. Information is believed to be accurate but should not be relied upon without verification.

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For sellers

Currently more than 84% of home searches start on the internet, according to the National Association of Realtors ®. Visibility is the key when selling your home. How will your home stand out? Selling your home in today’s housing market requires more than listing it in the local Multiple Listing Service. It is a buyer’s market and the homes for sale are at record levels. You need a realtor ® who will help make your property stand out from the others.

As your realtor ®, we will assist you in all stages of the home selling process from determining a fair market value using a Comparative Market Analysis to the marketing of your home and purchase offer through closing. We will help coordinate advertising; locate serious, qualified buyers through a wide range of sources; open houses; professional home inspections by a licensed home inspector; generate bi-monthly progress reports; and contract negotiations. We will also handle showings, monitor the escrow process,  and follow through with closing and recording.

Let’s begin with an overview of the home selling process:

Step 1: Initial Consultation at Either Your Home or at One of Our Offices in Tarpon Springs, Clearwater, or Clearwater Beach

At our first meeting, we will work collaberatively with you to determine the objectives you want to achieve in the sale of your home. We’ll analyze the fair market value of your property using a Comparative Market Analysis. We will also identify similar properties that have sold recently and are currently on the market.

Step 2: Preparing Your Home for Showings

Together we discuss the best possible ways to attract potential buyers. This can be achieved by keeping the property uncluttered and presentable during showings. Some helpful suggestions for showings may include trimming overgrown bushes, cleaning up clutter, sweeping near the front entrance,, replacing peeling paint, cleaning the pool, cleaning  marks on  interior walls. and pressure washing the walkway.

Step 3: Creating and Implementing a Marketing Plan

The next step is creating and implementing a marketing plan so ythat your home sells for the highest value in the shortest amount of time.

We are full-service marketing consultants. Our goal is to get from “For Sale” to “Sold!” and we aim to get your home noticed.

The implementation of your marketing plan may include taking photos, listing your home in the local Multiple Listing Service , www.Realtor.com, www.FloridaMoves.com, www.ColdwellBanker.com, www.Zillow.com, www.Trulia.com, creating flyers for your property, advertising in the Sunday newspaper, and/or Sunday open houses (if appropriate.)

Step 4: Reviewing Offer and Negotiating with Buyer’s Agent on Your Behalf
We will review all offers with you, negotiate the agreement until the transaction is complete, and walk with you every step of the way.

Step 5: Following Through With the Closing Process

After we negotiate on your behalf to your satisfaction and once the sale goes into escrow we will give you regular updates and inform you of any documents or inspections you may need to provide. With personal service, we will also contact you when the final paperwork needs to be signed to complete the escrow process.

Step 6: After-Sale Follow Up

Lastly, in order to help take the stress out of the selling process we will contact you to make sure all settlement transactions have been fulfilled.

We walk with you every step of the way.

Start by calling us at (727) 376-0530 or by filling out the form below:

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