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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...
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 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...
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...
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...
If you’re in the market for a home, the world is your oyster. Interest rates are at record lows. Housing prices in many parts of the country are still depressed. And you may be eligible for a generous tax break, even if the home you buy isn’t Read More...
Strong property sales in the Sarasota market in October 2009 continued to provide ample evidence of a market in recovery, with overall sales nearly 36 percent higher than October 2008. Total sales stood at 574 in October, compared to 364 total sales in Read More...
The new law extends the tax credit for first-time home buyers and opens it up to some existing homeowners as well: The credit is now up to $8,000 for first-time buyers and up to $6,500 for repeat buyers. All buyers must have a binding contract on a house Read More...
To the great relief of many people, both inside and outside the real estate industry, it seems like the worst part of the sagging real estate market could be behind us. It’s dangerous business attempting to foretell market movements (see below) Read More...
After years of saving, you are finally ready to purchase a home. You are excited, and have mustered up the courage it takes to make the big step of buying your first home. However, you are nervous because you aren’t sure you know everything you Read More...
Purchasing a home can be overwhelming and confusing especially for first-time home buyers. Here are some tips to help the home buying consumer obtain the best mortgage . To start, the home buyer should obtain information from several lenders. Real estate Read More...
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