Just recently, I received another update from the Friends of Golf Steering Committee who had recently met with Kemper Sports and the construction team. Their update contained the following:
We are seeing some very postive signs in the area and much needed stabilization. So why is stabilization important? Because value can not recover without it. Just a recap of some of the postives from the Residential House market: Number of listings is remaining at their lowest levels in the last few years @ 1,342 […]
It’s no secret that many owners today find themselves in situations of having to sell their home as a “short sale”. It’s not an easy time for these owner. They are having difficulty making the payments, other life situations are probably adding to the stress (i.e. loss of a job, divorce, etc.), and the property has become more of a burden than a “pride and joy” in their lives. But these owners actually have a significant competitive advantage over regular property listings . . . buyer attention. Why? Buyers look for “deals”. Short sales have a buyer expectation of “deal” associated with them in much the same way as ‘foreclosures’. Obviously, unlike foreclosures . . . the seller still owns the house and must get the most for the property to be able to minimize the difference owed and negotiate with the bank how to handle that differnce after close (i.e. ‘forgive’, repayment plan, etc.).
The ‘Florida Housing Opportunity Program’ allows qualifying buyers the opportunity to use the ‘First Time Home Buyer Tax Credit Program’ as down payment monies. Under provisions of the Fedral Tax Credit program, FHA-approved lenders and non-profits were granted the ability to provide loans for access to the credit for down payment assistance. Instead of creating new offices, Florida chose to utilize it’s existing home buyer assistance offices known as SHIP. Sounds great and easy, but buyers need to be fully aware of the program before trying to take advantage of it’s benefits.
Clean the house, clear the counters, mop the floors, wash the windows, vacuum the rug, pick up the magazines, don’t use the towels, make the bed, hang up the clothes, polish the sink, hide the toaster, fluff the pillows, stash the bills …
HOW LONG DO I HAVE TO LIVE LIKE THIS?!
I recently received a phone call from a seller whose home has been on the market for four months. The home is vacant, the sellers have moved out of the country, and the homeowner wanted information on vacant staging (providing rental furniture and accessories). With the homeowner’s permission, I contacted the listing agent for some […]