Effects of Policy Changes on Homeownership - NAR Study for Florida Association of REALTORS® - 09/28/08 07:52 AM
How important is the housing industry in Florida? And what impact will it have if the state makes a change in the way it taxes real estate? A 56-page report released by FAR has some answers. Researched by NAR, the report, "Effect of Policy Changes on Homeownership - Focus: Florida," provides an overview of housing's impact nationally and in Florida. It then analyzes possible changes the Florida Legislature could consider - transfer taxes, business receipt taxes, property taxes and general housing taxes - and how those changes could impact Floridians and the real estate industry.

 
To read the complete … (0 comments)

What will happen if your condo association goes bankrupt? - 09/25/08 10:05 AM
What is going to happen to the values of condominiums when the homeowners association goes bankrupt?  We hear about foreclosures, but those are just the tip of the iceberg.  As developers begin to walk away from unfinished communities, or refuse to continue to contribute to the HOA many condo owners are going to be facing enormous costs to continue to maintain their common elements.
Is your appraiser examining the condominium budgets or doing the research necessary to determine if there is any pending or ongoing litigation?  Make sure your buyers are getting a sound investment and look carefully at not only … (3 comments)

Hey, Wanna buy some Florida Swamp Land? Many recent buyers did! - 09/22/08 09:15 AM
It's been a long time since I've heard the jokes about people being sold Florida Swamp land.  But it sure was a popular theme not so many years ago...  Even Dinsney World was once know as a swamp.
Well I had a very interesting Date of Death Appraisasal that I completed for an estate.  The date of death was 3rd quarter of 2006.    This lot was located in the Middle of Fakahatchee Strand State Preserve.  If you  are not familiar with it Fakahatchee Strand was the setting for Susan Orlean's book "The Orchid Theif" and the movie based on it "Adaptation".  WE … (3 comments)

Fraud cases still causing high property taxes? - 09/22/08 07:22 AM
So did your taxes go down this year?  Why not?  It looks like it may be a long time before the Assessor catches up with all of the dirty sales that are on the books.  These frauds and flips are hitting all of us taxpayers right in our pocket book.  So the bad guys go to jail, nice but we're still going to pay for it out of our Pocket.  Kat...
Fraud cases still causing high property valuesNaplesnews.com
By ELIZABETH WRIGHT (Contact)7:33 p.m., Sunday, September 21, 2008

CAPE CORAL - In a wave of home sales that were based on … (2 comments)

Fort Myers, Florida August 2008 Real Estate Market Report - 09/22/08 06:20 AM
August 2008 Real Estate Market has shown continued price declines for Fort Myers, Florida.  Although there were a spike in 1st Quarter sales the ongoing sales volume remains low.   No attempt was made to verify the data for possible seller concessions or fraud.  These Market trends taken from Rapattoni MLS and includes all sales occurring in Fort Myers, FL from 8/1/2004 through 8/31/2008. 
 

This chart show the increase in market activity through 2nd Quarter 2005, followed by increasing values @$/Sq.Ft. of living space. With the collapse of sales volume 3rd Quarter 2005 the sales prices began trending downward. Currently … (1 comments)

Appraisal Port FNC's new User Agreement.. What does Judge Titus Think? - 09/03/08 12:34 PM
It seems very timely that Judge Roger W. Titus United States District Judge would publish a opinion in the case of Harold H Huggins Realty, Inc., et al. vs FNC, Inc. in advance of the deadline for Appraisers to agree to FNC's Appraisal Ports new user agreement which will become effective 9/13/2008. Click here to read the agreement in full. 
It has been brought to the forefront from others more versed in legal matter than I, that this new users agreement has language in it that will restrict you from participating in this or any lawsuit.  Yes, retroactively.   So if you … (0 comments)

 
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Kathleen "Kat" Bryce

Fort Myers, FL

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Kathleen Bryce, Inc.

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