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Over the last several years, short sales have received a substantial amount of attention. This type of transaction is done when the seller owes more on his or her mortgage than the value of the property. The lender essentially agrees to accept less than Read More...
Property sales up 49 percent in February 2010; pending sales spike Overall property sales reached 528 in the Sarasota market in February 2010, up nearly 49 percent over February 2009, and pending sales were also strong at 967 - the second highest total Read More...
HOME AND CONDO SALES CONTINUE TO INCREASE STATEWIDE Fourth quarter 2009 sales of existing single-family homes in Sarasota -Bradenton rose 51 percent over the same period in 2008, with 2,468 homes sold at a median price of $160,600, according to the Florida Read More...
The Internal Revenue Service recently released the new form that eligible home buyers need to claim the first-time home buyer credit this tax season and announced processing of those tax returns will begin in mid-February. The IRS also announced new documentation Read More...
The housing market , which brought the economy to its knees in 2008, struggled to recover in 2009. The modest gains of the past year can be credited in many ways to federal support that will be removed at some point in 2010. That makes for an uncertain Read More...
Xena Vallone Realtyis a full service, Sarasota area, Real Estate company offering Residential, Commercial, Property Management, Leasing and Land acquisition. Our team of experienced real estate professionals provides unparalleled expertise in the unique Read More...
When it comes to figuring our whether you have enough money to buy a home, the down payment is normally the biggest stumbling block. Some buyers mistakenly think they have to have 20% down and this is true, if you want to avoid the Private Mortgage Insurance Read More...
Investing in the real estate market is an incredibly popular and at the moment potentially risky endeavor in the United States. It is often a very positive and profitable investment however and many people who are in the right market areas are quite frequently Read More...
Do you know your home's worth? Well, you should. This important bit of information is essential, especially if you are planning to sell your home anytime in the near future. You will be the first one to put a tag price on your home. That would be Read More...
Not every troubled mortgage makes for a good Short Sale opportunity. There are things Investors must look for with regards to the homeowner, the house and the Lender to determine if a Short Sale is appropriate. Here are a few key factors. The Home Owner: Read More...
The Sarasota real estate market remained hot in November 2009 with overall sales nearly 86 percent higher than November 2008. Total sales stood at 578 in November, mirroring last month’s total of 574 and much higher than the 311 sales reported in Read More...
Evaluating the value of a piece of property is necessary for several reasons. It’s always nice to know where you stand with a piece of property. If you are considering purchasing a piece of property, you want to know that it is worth what you’re Read More...
With so many different and various types of mortgages exist, knowing how to choose the right one can be oftentimes challenging. To be able to understand the various options, we have provided a brief breakdown. Keep in mind that the country has been in Read More...
It’s about to get more expensive to take out—and a bit harder to qualify for—a loan insured by the Federal Housing Administration . Faced with rising losses and falling reserves, the FHA is preparing a series of tweaks to its underwriting Read More...
Most likely, buying a piece of real estate is going to be one of your biggest investment in your life. You will certainly want to have a team of professionals working with you throughout the buying process. After all, you wouldn’t want to cut your Read More...
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