Recently the CEO of REOTRANS happily announced how they were partnering to help Bank Of America with their short sale operations.

Ever since the announcement I have not been able to get a single thing done on my Bank Of America Short sale.

The folks at Bank Of America forward my call to REOTRANS while REOTRANS tells me that the lender must authorize the home to be placed into my account.

The homeowner was even on a three way call with REOTRANS and Bank Of America they could not figure it out.  The Bank of America Agent finally just hung up.

Meanwhile a short sale that is nearly complete will now foreclose on December 2nd and be handed over to an REO agent who will pay fees to REOTRANS.

These folks are pretty clever.  They get short sale real estate agents to move all their files over to REOTRANS and they are ready to foreclose on and be placed on the market that much sooner.

All the while the homeowner's does not get their short sale approved and the real estate agent does the work for free.  Here's the home run for Bank Of America.  It's paid for by you the Taxpayer via stimulus dollars.

So just keep this in mind when your asked to move your short sale files over to REOTRANS.

It reminds me of the wizard in "The wizard of OZ"  He was hding behind the curtain the whole time.

Has anyone out their had a similar situation?

It's time to Light Up Mount Dora on November 28th from 5 to 9 PM.  Lights come on at 6:15PM.

Best of all it's free to attend members of the Ballet, Soloists and a special visit from Santa Too!
Come Down to Donnellly Park and be sure to bring your camera.

This is a Country Christmas themed lighting of Donnelly Park and Downtown Mount Dora with close to 2 million sparkling lights! 

For Details: Call Mount Dora Area Chamber of Commerce 352-383-2165.

If you are interested in re locating to our special area please visit:

www.lakecountyhomepros.com

or Call Ray Levy at 352-978-8551

THESE ARE THE NEW FREDDIE MAC FORECLOSURES FOR OUR LOCAL AREA AS OF November 19, 2009.

I WOULD BE VERY HAPPY TO HELP YOU NEGOTIATE ON ANY HOME IN OUR AREA.

Ray Levy
CB Camelot Realty

www.lakecountyhomepros.com

352-978-8551

Zip Code: 32726

Loan: 472130145 Address: 1820 E ORANGE AVE, EUSTIS, FL
Rooms: 6 Bed: 3 Bath: 2.0 Price: 39,900.00

Loan: 328951897 Address: 1330 CENTER ST, EUSTIS, FL
Rooms: 5 Bed: 2 Bath: 1.0 Price: 57,900.00

Loan: 144022680 Address: 1505 CITRUS TERRACE, EUSTIS, FL
Rooms: 8 Bed: 3 Bath: 2.0 Price: 117,900.00


Zip Code: 32735

Loan: 272273856 Address: 36743 ANTONE DR, GRAND ISLAND, FL
Rooms: 8 Bed: 3 Bath: 2.0 Price: 120,000.00

Zip Code: 32757

Loan: 275685225 Address: 625 OLEANDER ST, MOUNT DORA, FL
Rooms: 7 Bed: 3 Bath: 2.0 Price: 144,900.00

Loan: 327055391 Address: 7034 PINE HOLLOW DR, MOUNT DORA, FL
Rooms: 6 Bed: 3 Bath: 2.0 Price: 149,900.00


Zip Code: 34788

Loan: 305570099 Address: 11804 SUSSEX HILL WAY, LEESBURG, FL
Rooms: 5 Bed: 2 Bath: 2.0 Price: 27,900.00

Loan: 267607067 Address: 34123 HOLLY RD, LEESBURG, FL
Rooms: 6 Bed: 3 Bath: 1.0 Price: 39,900.00


Zip Code: 34797

Loan: 358732530 Address: 29 LONESOME PINE TRAIL, YALAHA, FL
Rooms: 6 Bed: 3 Bath: 2.0 Price: 119,900.00




WWW.LAKECOUNTYHOMEPROS.COM

HAPPY HOUSE HUNTING!!!

RAY LEVY

352-978-8551

COLDWELL BANKER

CAMELOT REALTY

MOUNT DORA, FL

Party Source is hosting its annual Business After Hours, Tuesday, November 17th 5 -7 pm.  This event will sponsor Adopt a Child for Christmas - all donations will be kept in the Golden Triangle Area. 

Please help us and bring an unwrapped gift or a non-perishable food item.  Appetizers and drinks will be provided.  Hope to see you there!

The Party Source has moved to a new and much larger location right off 441 in Eustis near the Arby's and Sobik Subs.

During my visit there last week I was amazed with the wide selection of party materials.

It's a fun place to visit.

See You There,

Contact Informatin:
 

Penny Narain

Party Source of Eustis, Inc.

2910-2 Kurt Street

Eustis, FL 32726

Phone:    352.357.5700

Fax:       352.357.3209

I just received a text saying the credit has been extended to April 1 2010.

This is from Fox news just a few minutes ago.

Senators have struck a deal to extend a popular tax credit for home-buyers beyond those buying their first house,

Those who have lived in their residence for five consecutive years would be newly eligible for a $6,500 credit, 

It appears as though the credit will be $8,000 for first time buyers and $6500 for those who have owned a home for more than five years. 

Yeah!!

Senate to vote on Home buyer credit extension today. 

I just received this and wanted to pass it along.  Here is an excerpt of what Senate Majority Leader Harry Reid is proposing.   Under Reid's plan, the $8,000 tax credit would be phased out over time, dropping to $6,000 in April, $4,000 in July, and $2,000 in October, before expiring at the end of 2010.

What are your thoughts?

Here is a link to the full story

http://www.reuters.com/article/GCA-Housing/idUSTRE59P3VO20091026

Ray Levy

www.lakecountyhomepros.com

An estimated 250,000 attended this years Mount Dora Craft Fair. 

I spoke to several vendors on Sunday that told me they sales were brisk on Saturday.

From my viewpoint the fair was a success for a number of important reasons. 

We noticed that the parking fees were lower than previous years and many of the vendors seemed to have made adjustments in their pricing.

The event was well marketed through multiple media outlets.

Mother nature cooperated with sunny weather too.

Here is a creative piece of artwork I felt was quite appropriate for the times and location of the event.

It's no secret that families are looking for economical activities and that is a major reason for attending. 

I did make note of an increased number of visitos carrying their purchased treasures as compared to last year.

Also, I understand at least two offers were written on Mount Dora Real Estate as a result of out-of-town visitors.

If you are thinking of re-locating to our charming area please be sure to look us up.  We would be thrilled to show you all this area has to offer.

Ray and Karen Levy

352-978-8551

www.lakecountyhomepros.com

Sending a Shout Out to Lightning Robert Lyles and Ben Griffin of Micki Blackburn Radio located in beautiful Clermont Florida.

I had the very special opportunity to be a guest on their Radio show on October 10th 2009 from 10 AM to 11AM.  They broadcast on WLBE radio and are also available on the internet.

We discussed several real estate subjects including the $8000 tax credit and protecting homeowners rights.  Also, we discussed some of the finest listings in the area.

Thanks again to my Ben and Robert!

Ray Levy

www.lakecountyhomepros.com

352-978-8551

REMINDER TO ALL REALTORS!  You can give your customers a customized 10% coupon at Lowes at no charge to you.

Just go to www.lowesrealtorbenefits.com and have you can set up an account that will allow you to send a 10% coupon with your picture, LOGO, name and address. 

Also, you will receive emails about current market trends and what other Realtors are doing to thrive in this market!

Even if you are working with a buyer who is on the fence you can send them this discount at no cost.

It's all mailed directly to your customer.  Also You can buy gift cards at a discount of 5%. 

A Personalized monthly newsletter will also be sent.

What a great way to keep your name in front of your clients. 

With all of the marketing gimmicks being sold to us here is one that is totally free and it works.

I HOPE THIS HELPS YOU IN YOUR BUSINESS...

Have an Outstanding day!

 Ray Levy

www.lakecountyhomepros.com

For anyone who is new to AR we just want to let you know it really works.

A few months back I was contacted to list a home in the Mount Dora area. 

The referring agent had read a few of our AR blogs and after a telephone interview we received the referral.

We were the fourth Realtor to list the home and the owner was feeling a severe cas of Seller Fatigue.

The home closed about a week ago and the customer was very happy.

Again, We just wanted to thank the developers and members of AR.

Have a great selling season,

Karen and Ray Levy