http://deblamb.com/deblog Insights from a Naples Florida Realtor Wed, 25 Jun 2008 17:59:17 +0000 http://backend.userland.com/rss092 en Foreclosures are here to stay for some time. A lot of those potential short sales will soon be foreclosures. Adjustable mortgages, lost jobs, divorce, deaths and other foreclosures and short sales pulling down market values are causing people to lose their homes. For the buyers, this can be a great time to buy. Foreclosures are ... http://deblamb.com/deblog/2008/06/15/foreclosures-101-what-to-expect/ The new tax break is "the qualified mortgage insurance deduction". It will provide those taxpayers with adjusted gross incomes of less than $100,000, a tax write- off on the full cost of mortgage insurance and those who earn less than $109,000, a write-off of part of it. Homeowners with a new ... http://deblamb.com/deblog/2008/01/17/new-tax-benefits-for-2007-2010-mortgages-with-mortgage-insurance/ WCI is in financial trouble and Leavitt & Sons files for Chapter 11 bankruptcy protection. All over the United States, national, regional and local developers and builders are experiencing financial troubles and depressing an already weak housing market. And many industry experts believe we are just at the start of ... http://deblamb.com/deblog/2007/11/28/when-developers-home-builders-fail/ The Senate & House finally came to an agreement on the tax relief issue that will be put on the January ballot. Double the homestead exemption, but only for homes valued at more than $75,000 and not for school taxes. Allow owners of homestead property to transfer up to $500,000 in Save ... http://deblamb.com/deblog/2007/10/30/florida-tax-reform-finally-makes-the-january-ballot/ The Florida State Constitution provides for Florida homestead status which saves the homeowner on their real estate property tax assessments, caps the amount a homeowners property can be reassessed annually and protects a homeowner with asset protection for his home against third party creditors. Article VII, Section 6 of the Florida ... http://deblamb.com/deblog/2007/10/14/florida-homestead-exemption/ Price Location Size of Lot Proximity to Schools, Shopping, Job Location & Medical Facilities Environmental Issues Any real estate agent can help you with the first four on the list. As an experienced & knowledgeable buyer's agent, I can guide you through the environmental issues that seriously affect the value and price of lots in ... http://deblamb.com/deblog/2007/10/13/things-to-consider-before-buying-selling-a-golden-gate-estates-lot/ An estimated 2 million to 2.5 million adjustable-rate mortgages will have higher rates this year and next. Prepayment penalties are making it difficult for homeowners to refinance, and in some cases; repay their mortgages. Many homeowners can’t afford or are not eligible to refinance or sell their homes due to higher ... http://deblamb.com/deblog/2007/10/06/relief-for-financially-strapped-naples-florida-homeowners/