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FREE - Storm Prep Expo May 30 & 31 at Miami Beach Convention Center - 05/30/09 09:57 PM
Hurricane season begins June 1st - are you prepared?
The City of Miami Beach is hosting a FREE Storm Prep Expo at the Miami Beach Convention Center on May 30 & 31 from 10 a.m. - 5 p.m.
Can't make the expo? Click Here to view the Public Safety Portal to learn more about hurricane preparedness.
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Why Do So Many Short Sales Fail? - 05/28/09 10:42 PM
As the number of Americans facing economic hardship and foreclosure increases, so does the number of short sales listed on the Real Estate market. Basically defined, a short sale occurs when a lender agrees to the sale of a property at a price that is lower than the amount outstanding on the mortgage. Under normal circumstances, the Seller would be responsible for bringing cash to closing to cover the balance due to the lender. In a short sale situation, the Seller “zeroes out” and brings nothing to closing. The deficiency, or difference between the sold price and outstanding balance on the … (0 comments)
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Market Snapshot: April 2009 - 05/18/09 11:18 AM
The overwhelming concensus remains: now is the time to buy. In fact, we are in a buyer's market unlike any other many of us will see in our lifetime.
South Florida has seen a steady increase in sales since Fall 2008. This upward trend is mostly attibuted to historically low interest rates, the Federal First-Time Home Buyer Tax Credit, seller incentives and affordability.
The following figures represent all of Miami-Dade county. Statistics for individual communities including Miami Beach are available upon request - please email bria.toulemonde@floridamoves.com
MIAMI DADE COUNTY APRIL 2009 PRICE ANALYSIS - SOLD INVENTORY
57% of condos sold … (0 comments)
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2009 FL Legislative Session Adjournes; Celebration Begins - 05/09/09 01:42 PM
The Florida Legislature adjourned this Friday, but not before approving a $66.5 billion budget that has many celebrating.
Most notable, the budget allocates $30.1 million for down payment assistance programs. Those who qualify for the the federal first-time home buyer's tax credit will be able to apply for down payment assistance in advance of closing, then repay the amount they borrowed when they get their tax refund. The program will begin on July 1, 2009 and will operate through local county housing administrators.
NOTE: Don't miss out on this incredible opportunity to fulfill your dream of home ownership. The federal tax … (0 comments)
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YOU Can Help Save Your Local Economy - 05/07/09 10:43 PM
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Making Home Affordable Program Expanded to Second Mortgages - 05/07/09 01:23 PM
As many as 50% of all at-risk borrowers have second mortgages. Even with loan modification on the first mortgage, these borrowers remain at risk for default without modification on the second note.
The Treasury Department has expanded the Making Home Affordable Program to include second mortgages.
Under the Second Lien Program, if the servicer initiates a Home Affordable Modification on the first mortgage, participating servicers will automatically reduce payment on the second lien in accordance with complex, but uniform, program criteria. As an alternative, servicers may extinguish the second lien in exchange for receiving a lump sum payment.
The Obama Administration … (0 comments)
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Bria J. Toulemonde, CDPE
Lake Bluff,
IL
More about me…
ReMax Top Performers - Jane Lee Team
Address: 210 N. Waukegan Road, Lake Bluff, IL, 60044
Office Phone: (847) 295-0800
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