By Sarah Parr Despite most of the United States seeing a decrease in foreclosure activity, Florida still had a recent jump, according to RealtyTRAC’s year-end report. In Florida, foreclosure document filings increased by 3.11 percent in 2012. Consumer advocates, real estate professionals and lawmakers are currently devising plans to change Florida’s status and reform the…
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Forget about the past. It’s over and done with and no matter how much rumination you do about it, it won’t change the present. This is the here and now. OK, so let me take a step backward for a moment. Let’s not totally forget about the past, just the learn and remember the…
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Amendment 4 or the misnomer as it was known by, Hometown Democracy, if passed would have Floridians vote on every proposed change to the comprehensive plans for each city and county. Just the fact of the voting alone and the cost of such is major onus. To give you an idea of what this might…
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Today the Senate & House of Representatives extended the Homebuyer Tax Credit that was to expire on Nov. 30th.The new and expanded bill will take effect when President Obama signs it into legislation. The new bill extends the deadline until April 30, 2010 where the homebuyer will have to have a written and binding contract…
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The City of Apopka is raising the millage rate, but because of governmentese it is called a rate rollback.The reason they can do this is the municipality can raise the rate so that they can continue receiving the same amount of funds as in the previous year.The current rate is 3.5168 mils and the proposed…
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The program utilizing the Government’s $8K tax credit as a downpayment became effective July 1. Unfortunately, there is no money as they are relying on current home sales’ Doc Stamp taxes to fund the necessary reserves. The Florida Homebuyer Opportunity Program’s (FLHOP) $8,000 tax credit is a bridge loan (short-term loan) administered by the state’s…
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The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for May 2009. Winter Park is made up of the zip codes of 32789 & 32792. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions…
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The Florida Legislature approved a budget in which they are providing $30.1M to downpayment assistance programs allowing people to use the Federal $8K tax credit for a downpayment.For 5 months as of July 1, those qualifying for the First Time Homebuyers Tax Credit, will be able to apply for downpayment assistance through their local county…
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The following are the market sales statistics for Longwood, Seminole County, Florida for February 2009. Longwood is made up of the zip codes of 32779 & 32750. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order. The…
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The title sums up what I have to say on this topic.Additionally, this is quite unusual for me to touch upon politics except when it pretty much immediately relates to real estate.Part of my writing this article is two-fold.Firstly, because the idea itself is abhorrent to me.And secondly, because here our government goes again selling…
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