20,000 Fired in California - 08/06/08 07:28 PM
Arnold Schwarzenegger fired 20,000 employees and reduced the wages of 200,000 state employees to minimum wage.  Cities and states are doing all they can to save money and make more money.  I was angry with our Monroe County Commissioners when they announced last week that they want to raise our taxes 18% (over the 2007 rate).  
Still, we're lucky because we haven't fired any cops, teachers or other city employees this year.  County employees and the Key West Police Department have cut all over time which has caused a surge in foreclosures and short sales of homes owned by Key West's Finest.    
Two … (2 comments)

4% 50 Year Mortgage Solution - 08/06/08 07:14 PM
Could we fix the sub-prime mess by letting homeowners roll their 7 percent sub-prime 30 year mortgage into a 50 year 4 percent mortgage?   What about just letting them keep the 30 year mortgage and reducing the rate to 4%?
A pretty normal short sale in Key West Florida is a mortgage on $500,000 at 7 percent interest.  This payment is $3,326.51 before taxes and insurance.  In Monroe County you can safely add $14,000 per year for taxes and insurance which would bring the payment to $4,493.18.
We could save a homeowner $1,500 per month and maybe they could stay in their home with a 50 … (1 comments)

Buy an SUV $15,000 Off Sticker Price - 08/01/08 07:58 PM
The car, truck and SUV deals are fantastic!  Hummer's sales are down 61%.  All of the car manufacturer's sales are slowing even if their name is Toyota or Honda.  You can buy an SUV for $15,000 off sticker price all over the country.  I've been told the trick is to go on the last day of the month...
You can lease a Nissan Pathfinder for $250 a month with no money down for 3 years!  I've been wanting a hybrid so I can be "Green" and energy efficient, but these good deals are making me want a big luxury SUV!
You … (5 comments)

Walmart says vote Republican! - 08/01/08 07:45 PM
Walmart told their employees to vote Republican today.  Not straight out, but they warned their employees of the dangers of voting for a Democrat. 
The big deal is that Walmart is worried that a Democratic President will make it easier for unions to organize and unionization at Walmart would drive up costs.  A Democratic President, Senate and House would likely increase the minimum wage which would also increase Walmart's costs.
This election affects everyone is so many different ways!
Businesses and everyday citizens are trying to save money.  In my past, before I was a REALTOR®, I noticed something curious about … (6 comments)

Seller Credits to the Buyer - 08/01/08 07:18 PM
Hi Friends,I just went to an excellent work shop with a real estate attorney who is on the Florida FAR BAR committee.  He reminded us about the changes this year.  He gave us some great insight that I'll share with you!
Keep in mind that I'm NOT an attorney and I must recommend that you consult an attorney regarding all of the information that I share with you.  Consider this a friend at lunch telling you what she heard that could be helpful to you.
On the subject of seller credits:  Be careful what you call them.  For an FHA mortgage … (0 comments)

"What is a Short Sale?" the Buyer Asked - 08/01/08 07:12 PM
Real Estate professionals assume everyone knows what a Short Sale is.  I had a showing yesterday with a buyer, accompanied by a buyer's agent, who asked me, "What is a Short Sale?"  This was a good reminder for me that we have our own jargon and it's important to get back to the basics when we are writing our Marketing Remarks on a listings and working with buyers.
A Short Sale exists when a homeowner is selling their home and they can only sell it for less than the amount of their mortgage.  Simply put, they own the bank more than … (0 comments)

 
Mayathomas2crop Rainmaker_large

Maya Thomas, foreclosures, short sales, water front, Old Town Key West, Sunset

Key West, FL

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Key, Key Haven, Geiger, Sugarloaf, Cudjoe, Summerland

Address: 305 522 1398 MyRealPro@gmail.com Key West, Key Haven, Big Coppitt, Geiger, Saddlebunch, Cudjoe, Ramrod, Summerland, Little Torch, Middle Torch, Big Torch, Big Pine Key, No Name Key, Key West, FL, 33040

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This is the place to find real estate about Key West, Sunset Key, Stock Island, Rockland, Big Coppitt, Boca Chica, Geiger, Saddlebunch, Sugarloaf, Cudjoe, Summerland, Ramrod, Little Torch, Middle Torch, Big Torch, Big Pine and No Name Key Florida and information about real estate between mile marker 0 and mile marker 33.


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