There have been many efforts to help homeowners this past year. Varying degrees of success have been reported among the numerous well intended programs. I applaud the success stories Of those that have been able to refinance, or have their loans modified in a meaningful and sustainable way. Unfortunately, not everyone in that is in need of help has received it. Even worse, some that have received help are disappointed to find that the relief was only temporary. Click here to see an article from Reuters News with more information. There are a growing number of people on the brink of abandoning their homes, as they feel they will never catch up. Click here to see a story from Florida Realtors with sobering statistics. There are concerns that the Fed may soon stop buying mortgages at thei...
During the last week we have witnessed many claims of market stabilization, improvement in the housing industry, and the reaching of certain benchmarks in loan modifications. I am certainly a champion of positive news and would welcome a warm feeling of a strong economy as the holidays approach. That being said, I am concerned as to the legitimacy of some recent claims, and more importantly, their sustainability. What appears to be very clear to me is that anyone interested in buying or selling a home today has a great opportunity for a limited time. Interest rates are low, prices are low, and while many homes have sold recently, there is still a large selection. What is even more clear to me, is that a seller in this market should become very aggressive while these conditions exist. To...
The 3 factors in real estate...price, condition and location!!! This home has PRICE! We won't kid you. This home is in need of extensive improvements such as roof, kitchen and bathrooms plus re-decorating. Lots of living space with family room with fireplace, formal living room, eat in kitchen and dining room. Large fenced in back yard and two-car garage. All this for less than $80,000. WANTED: CREATIVE BUYER, LET YOUR IMAGINATION run wild in restoring this home to what it once was. See it not for what is BUT what it could be! Priced to SELL at $79,900
At 2:00 p.m. Sunday, Feb. 17, 2008, tourists and local NASCAR fans will be seated and ready for the start of the Daytona 500. I just found out that NASCAR is celebrating 50 years this year! And if you can't be here in person, you can go to the web site and follow the race, lap by lap. Now for those of you who are not NASCAR fans, or just don't want to watch the 500, perhaps you'd like to make my afternoon go by a little bit faster by stopping by my open house at 1678 Louisiana Road in South Daytona. It's just one block south of Beville Road. If you're not familiar with this area, Beville Road is I-4 So if you're coming from Orland, just stay on I-4 until it changes to Beville Road, then turn right on Golfview, just before you get to U.S.1 (aka Ridgewood Ave.) From Golfview, turn right o...
Looking to buy a 4 bedroom house in Daytona Beach? Here's a better option! 4 bedrooms, 2 baths in convenient location, close to shopping, schools and more, located in South Daytona, just 2 blocks from the Daytona Beach border.This home has over 1700 square feet of living area, large bedrooms and a huge living room. The kitchen has plenty of brand new cabinets, new Corian counters, new tile floors, a breakfast bar, and a formal dining room. Home also features a new roof in 2005, a rear patio, new A/C duct work in 2005, and an extra long driveway with a side extension for more parking. An American Home Shield home warranty may be included with an acceptable offer. Bring those offers now! The home is priced to sell! (It was previously listed with another agent for $239,900) Now $195,000 ...
