Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R)'s Blog

Short Sale. Golf Course Frontage. 3 bedroom 2 1/2 baths and 1618sf of living space. All bedrooms are upstairs. Screened, covered patio with Golf course view. This home is ready for you. Conviently located close to shopping, dining, and I75. HOA Fee covers; Brighthouse Basic Cable, Lawn care and you will have access to club house and community has two pools, in door and out door basketball courst, play ground and tennis courts.

L2L Property Websites AR

May 2012 Item of Value

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Mon, 21 May 2012 07:04:01 -0700

Hello!

We hope this finds you well as we approach the official start of the Summer season. In this month’s Item of Value, you will find useful information on how to keep your personal data safe. With the emergence of mobile computing, we have a convenience and access to information like never before. However, with that comes concerns of data security. Enclosed are some great tips to keep your private information from being compromised.

As always, please do not hesitate to contact us if we can be of any assistance. Wishing you and your family a safe and happy Memorial Day!

Great Condo in Clearwater!

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 20 Apr 2012 08:42:49 -0700

Schedule a Showing/Request Info

Avoid Foreclosure

Tampa Homes For Sale

Search All Homes For Sale

Free List of Foreclosed Homes For Sale

What is your home worth?

Short Sale Homes For Sale

Nick Davis

RE/MAX PREMIER GROUP

813-300-7116

Questions?
Schedule a Showing!

Licensed In:
Florida

License #:
Sl3116482

Information valid for the date of this posting only. Please contact us for the most current information and status of this property.

2650 COUNTRYSIDE BLVD

CLEARWATER, FL

Scan with your smartphone & take me with you.

JUST LISTED

Short Sale. Great Condo in Clearwater!

$ Click for current price

2 BEDROOMS

2 BATHROOMS (2 full)

1110 Square Feet

Short Sale. Active with Contract pending 3rd party approval. Accepting back up offer. Great opportunity: in desirable Countryside. No age restrictions. Elevator in complex. This unit has a great exposure. Light and bright! AC & Hot water heater 1 year old,Clean. Mast.Bed. has carpet. Ceiling fans. Unit is very clean and well maintained. NOPETS, LEASING only after 1 year from closing. Exterior has been painted in 2004. New Roof 6/2004. Walking distance from Mall, Public Library, children`s park and Rec Center.

L2L Property Websites AR

Approved Short Sale!

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 20 Apr 2012 08:37:16 -0700

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Avoid Foreclosure

Tampa Homes For Sale

Search All Homes For Sale

Free List of Foreclosed Homes For Sale

What is your home worth?

Short Sale Homes For Sale

Nick Davis

RE/MAX PREMIER GROUP

813-300-7116

Questions?
Schedule a Showing!

Licensed In:
Florida

License #:
Sl3116482

Information valid for the date of this posting only. Please contact us for the most current information and status of this property.

12304 N 27TH ST

TAMPA, FL

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JUST LISTED

Approved Short Sale! Can Close Quickly!

$ Click for current price

4 BEDROOMS

2 BATHROOMS (2 full)

1758 Square Feet

Short Sale. Approved at $80,000 with $2,400 towards buyers closing costs. Home needs a little TLC. 4br 2ba home in convenient area.Just steps away from the VA Hospital and University Square Mall, and across the street from USF. New roof, updated bathrooms, ceiling fans, updated lighting, terrazzo floors. Separate dining room, formal living room, 15 X 30 family room with built in bookshelves and 2 new ceiling fans. Split bedroom plan and master bedroom has additional den/sitting area. The other 3 bedrooms and bath are on other wing of house. Kitchen is large and open to the dining room. All appliances stay, including the washer and dryer. Laundry room is very roomy with shelves and cabinets, and a door leading to the back yard. No back yard neighbors, with a view of ponds. Large 70 X 100 lot with block wall along back, fenced in back yard. Nice courtyard area in front.

L2L Property Websites AR

Not A Short Sale or Bank Owned - Can Close Quickly!

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 20 Apr 2012 08:28:54 -0700

Schedule a Showing/Request Info

Avoid Foreclosure

Tampa Homes For Sale

Search All Homes For Sale

Free List of Foreclosed Homes For Sale

What is your home worth?

Short Sale Homes For Sale

Nick Davis

RE/MAX PREMIER GROUP

813-300-7116

Questions?
Schedule a Showing!

Licensed In:
Florida

License #:
Sl3116482

Information valid for the date of this posting only. Please contact us for the most current information and status of this property.

9138 TUDOR DR

TAMPA, FL

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JUST LISTED

Not A Short Sale - Can Close Quickly!

$ Click for current price

2 BEDROOMS

1 BATHROOMS (1 full)

960 Square Feet

Not a Short Sale or Bank Owned, so no waiting!Spacious Condo in Tudor Cay. Community is on the water with two pools, club house, Laundromat Dry Storage and Dock. This corner unit has new carpet, paint, refrigerator and range, kitchen has been completely remodeled. This 2 bedroom 1 bath condo has 960sf of living space and ready for immediate occupancy.

L2L Property Websites AR

A Slice of Heaven in the Country!

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 20 Apr 2012 08:25:29 -0700

Schedule a Showing/Request Info

Avoid Foreclosure

Tampa Homes For Sale

Search All Homes For Sale

Free List of Foreclosed Homes For Sale

What is your home worth?

Short Sale Homes For Sale

Nick Davis

RE/MAX PREMIER GROUP

813-300-7116

Questions?
Schedule a Showing!

Licensed In:
Florida

License #:
Sl3116482

Information valid for the date of this posting only. Please contact us for the most current information and status of this property.

19215 FISHBURNE DR

SPRING HILL, FL

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JUST LISTED

Short Sale. A Slice of Heaven in the Country!

$ Click for current price

5 BEDROOMS

4 BATHROOMS (3 full, 1 half)

2556 Square Feet

Short Sale. This is a Cooperative Short Sale with Bank of America. The price is approved by BOA.This 5 bedroom 3.5 bath home sits on 7.23 acres. 2556sf of living space with Den or media room.This home has everythng you are looking for Ceramic tile in wet areas, and living room, Wood floors upstairs in all bedrooms and hallwall. If you are looking for a peaceful surrounding than this is your home.

L2L Property Websites AR

Beautiful Home in Highly Desired Meadow Pointe!

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 20 Apr 2012 08:22:09 -0700

Schedule a Showing/Request Info

Free List of Foreclosed Homes For Sale

Avoid Foreclosure

What is your home worth?

Short Sale Homes For Sale

Search All Homes For Sale

Tampa Homes For Sale

Nick Davis

RE/MAX PREMIER GROUP

813-300-7116

Questions?
Schedule a Showing!

Licensed In:
Florida

License #:
Sl3116482

Information valid for the date of this posting only. Please contact us for the most current information and status of this property.

1251 MAXIMILIAN DR

WESLEY CHAPEL, FL

Scan with your smartphone & take me with you.

JUST LISTED

Short Sale. Beatiful Home in Highly Desired Community of Meadow Pointe!

$ Click for current price

4 BEDROOMS

2 BATHROOMS (2 full)

1688 Square Feet

Short Sale. Active With Contract Accepting Back Up Offers. Charming starter home for a growing family. Home is in great condition and very clean. Flat fenced yard with 10X24 ft concrete patio. Tiled entry and kitchen. Hunter fans throughout. Sprinkler and alarm systems. All three schools are located within Meadow Pointe as well as Daycare. Easy access to I-75/I-275, shopping, dining, new hospital to be completed in 2012 and Wire Grass shopping center. Community has so much to offer - pools, community centers, fitness center, basketball, volleyball,tennis, & much, much, Low Meadow Pointe 1 CDD / no mandatory HOA.

L2L Property Websites AR

Monthly Item of Value

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Wed, 21 Mar 2012 07:33:27 -0700

With warmer weather quickly approaching, now is the time many of us start thinking about planning that Summer getaway. In this month’s Item of Value, you will find great tips on saving money on airfare. Doing your homework and using the many available online tools can help you get the best deals possible!

As always, please do not hesitate to contact us if we can be of any assistance. Safe travels!

December 2011 Item of Value

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Wed, 21 Dec 2011 11:46:53 -0800

Hello!

With technology changing so quickly and our acquisition of the latest and greatest electronic devices, as we wrap up 2011 in this month’s Item of Value you will find some great information on how to dispose of your old electronics, whether you’re looking to sell, donate or recycle.

As always, if we can be of any assistance in the coming year please don’t hesitate to contact us.

Wishing you and your family a wonderful Holiday and a Happy, Healthy & Prosperous New Year!

NAHB: Flawed appraisals killing more deals

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Mon, 12 Dec 2011 15:28:06 -0800

WASHINGTON – Dec. 12, 2011 – In many recent cases, new homes are being appraised for less than the cost of construction, according to the National Association of Home Builders. Builders are blaming flawed appraisals for holding back the housing market’s recovery, saying that new homes should not be compared to foreclosed homes that have sat vacant and are in disrepair.

“The inappropriate use of distressed and foreclosed sales as comparables in determining new home values is needlessly driving down home prices, killing home sales, causing more workers to lose their jobs and delaying a housing and economic recovery,” says NAHB Chairman Bob Nielsen.

Sixty percent of builders say they’ve had problems with appraisals coming in below their contract sales price, according to a recent survey by NAHB. One out of three say they’ve had signed sales contracts canceled in the last six months because appraisals were less than the contract sales price.

In a separate study by the National Association of Realtors® from June, 16 percent of real estate professionals also reported an increase in deals being canceled mostly due to low appraisals.

“This is not only unfair and unreasonable, but it perpetuates the cycle of declining home values, drives more homeowners underwater, harms local economic activity and acts as an obstacle to the recovery of the housing market,” Nielsen said in a statement.

NAHB is calling on regulators to make major reforms to appraisal practices and oversight to prevent flawed appraisals from continuing to hamper a housing market recovery.

© 2011 Florida Realtors®

Item of Value - November 2011

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Tue, 22 Nov 2011 10:43:49 -0800

Hello!

Hope this finds you well and enjoying the Holiday season. Homeownership is a goal for many – whether it’s a first home, vacation home or investment property. Whichever your goal, attached in this month’s Item of Value you will find great information that can help you along the way

Wishing you and your family a warm, wonderful and safe Thanksgiving! As always, if we can be of any assistance please don’t hesitate to contact us.

Bargains abound: What are buyers waiting for?

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 28 Oct 2011 14:48:54 -0700

With low home prices and ultra-low interest rates, the housing market offers "perhaps the best deals of a generation." Read more.

Housing expected to improve over last year

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Tue, 19 Jul 2011 15:13:42 -0700

One dip or two? Freddie Mac calls a double-dip recession unlikely; housing should end 2011 up to 5% higher than 2010. Read more.

Fixed mortgage rates hover near yearly low

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 24 Jun 2011 13:47:56 -0700

The average rate on the 30-year loan held steady at 4.5%, while the average on the 15-year FRM inched up to 3.69%. Read more.

Scam cheats borrowers out of loan payments

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Tue, 21 Jun 2011 15:24:37 -0700

Owners receive a letter saying their mortgage has been sold; but payments end up in scammers' pockets. Read more.

June Item of Value

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 17 Jun 2011 10:35:54 -0700

Hello!

We hope you are well and enjoying all of the fun and sun the Summer season offers! With our continuing commitment to provide you with timely and useful information this month's Item of Value addresses what it takes to retire in today's economy. As we look towards the future and the hope of enjoying the possibility of retirement, you will see some statistics and information on how to build up that nest egg.

CoreLogic Index shows home price increase

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Thu, 02 Jun 2011 16:53:09 -0700

SANTA ANA, Calif. - June 2, 2011 - CoreLogic released its April Home Price Index (HPI), which shows that home prices in the U.S. increased on a month-to-month basis by 0.7 percent between March and April, 2011 - the first such increase since the homebuyer tax credit expired in mid-2010.

However, national home prices - including distressed sales - declined by 7.5 percent in April 2011 compared to April 2010 after declining by 6.8 percent in March 2011 compared to March 2010. Excluding distressed sales, year-over-year prices declined by 0.5 percent in April 2011 compared to April 2010 and by 1.6 percent in March 2011 compared to March 2010. Distressed sales include short sales and real estate-owned (REO) transactions.

"While the economic recovery is still fragile and one data point is not a trend, the month-over-month increase based on April sales activity is a positive sign," said Mark Fleming, chief economist for CoreLogic. "This is the first month-over-month increase in the HPI since government support for homebuying was removed, and it provides reason for cautious optimism.

Highlights of the April 2011 report:

· Including distressed sales, the five states with the highest appreciation were: North Dakota (+4.2 percent), Vermont (+3.4 percent), New York (+3.2 percent), The District of Columbia (+2.2 percent) and Mississippi (+1.4 percent).

· Including distressed sales, the five states with the greatest depreciation were: Idaho (-15.2 percent), Michigan (-13.2 percent), Arizona (-11.9 percent), Rhode Island (-11.6 percent) and Nevada (-11.4 percent).

· Excluding distressed sales, the five states with the highest appreciation were: West Virginia (+8.4 percent), South Carolina (+6.1 percent), Hawaii (+5.8 percent), Mississippi (+5.0 percent) and North Dakota (+4.5 percent).

· Excluding distressed sales, the five states with the greatest depreciation were: Nevada (-10.3 percent), Idaho (-9.5 percent), Arizona (-6.0 percent), South Dakota (-5.9 percent) and Minnesota (-5.6 percent).

· Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to April 2011) was -33.8 percent. Excluding distressed transactions, the peak-to-current change in the HPI for the same period was -21.9 percent.

· Of the top 100 Core Based Statistical Areas (CBSAs) measured by population, 92 are showing year-over-year declines in April, an increase over March when 91 of the top CBSAs show year-over-year declines.

Two firms to pay for improper military foreclosures

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 27 May 2011 17:09:45 -0700

Lenders out more than $22M - $125K per owner - to settle charges they foreclosed on 178 active-duty military personnel. Read more.

More paying zero taxes

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Tue, 24 May 2011 15:58:30 -0700

Higher homestead exemptions and falling values have removed thousands of houses from local property tax rolls. Read more.

Americans postpone real estate rebound

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Fri, 20 May 2011 14:00:18 -0700

SAN FRANCISCO - May 20, 2011 - Trulia and RealtyTrac released the latest results of an ongoing survey that has tracked American attitudes toward foreclosed homes since 2008.

Key findings

· More than half (54 percent) of U.S. adults believe recovery in the housing market will not happen until 2014 or later. In a previous survey conducted six months ago, 42 percent said they thought the market would turn around by 2012 or had already turned around. Now, only 23 percent continue to think this will happen.

· 45 percent of American adults say the government is not doing enough to prevent foreclosures. Only 17 percent say too much is being done, while 16 percent say government is doing the right amount, and 22 percent say they aren't sure.

· Almost one-third (30 percent) of homeowners say that they or an acquaintance has applied for a loan modification, stopped paying their mortgage, been foreclosed, walked away or short sold their home.

· More than half of U.S. renters (56 percent) and 47 percent of current homeowners are at least somewhat likely to purchase a foreclosed home. Along with having some concerns about hidden costs, a risky buying process and loss in home value, many potential buyers expect to save money if they buy a foreclosure versus a similar non-foreclosed home. In fact, American adults expect to pay 38 percent less for a foreclosed home than a similar home that was not in foreclosure - not too far above the average discount of 36 percent on sales of bank-owned homes (REO) compared to sales of homes not in foreclosure reported in the RealtyTrac 2010 Foreclosure Sales Report.

This April 2011 survey was conducted online within the United States by Harris Interactive on behalf of Trulia between April 15-19, 2011, among 2,018 U.S. adults aged 18 years and older. The sample included 1,257 homeowners, 906 of whom currently have a mortgage, and 704 renters. Figures for age, sex, race/ethnicity, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. Propensity score weighting was used to adjust for respondents' propensity to be online.

© 2011 Florida Realtors®

Property tax break for active duty military

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Tue, 17 May 2011 19:02:44 -0700

TALLAHASSEE, Fla. - May 17, 2011 - If you have clients who served in Iraq or Afghanistan during 2010, they'll want to know about new legislation providing a tax break for homestead owners.

HB 1141 implements a constitutional amendment approved by voters in 2010 and provides a new homestead exemption for military personnel on active duty overseas. The exemption is based on the amount of time the individual served overseas.

How to calculate the tax break
Taxable value of the property multiplied by the percentage of time spent overseas in 2010. (Calculate percentage of time spent overseas by taking the number of days overseas and dividing it by 365).

So, if someone spent six months overseas in 2010, he or she would get a 50 percent discount. If someone spent the entire year overseas (12 months), he or she would get a 100 percent discount.

The property tax discount applies to 2011 taxes, but applicants must apply to their county property appraiser by June 1. If applicants miss the June 1 deadline, they have a second chance, but must apply with 25 days of receiving their assessment notice (TRIM Notice) and demonstrate extenuating circumstances.

"Since many counties do not even have an application form yet, you might recommend (that applicants) send a letter to their county appraiser before June 1," says
Vicki Weber, an attorney with Hopping Green & Sams in Tallahassee, Fla. "In the letter, they should say, ‘I know about HB 1141, and I was deployed overseas last year. I qualify, and I will submit an application as soon as you send me one. But in the meantime, consider this my application.'"

After 2011, the application deadline is March 1.

Questions? Call Florida Realtors Legal Hotline, an included member benefit for Realtors in Florida at (407) 438-1409.

© 2011 Florida Realtors®

Economy, affordability to drive home sales

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Mon, 16 May 2011 14:56:29 -0700

WASHINGTON - May 16, 2011 - Home sales are on track to outperform last year, even though the market doesn't have the benefit of the homebuyer tax credit, NAR Chief Economist Lawrence Yun told a packed room on Thursday during the Residential Economic Update at the 2011 Realtors® Midyear Legislative Meetings.

Yun credits sustained economic growth, the slowly recovering jobs picture and historically high affordability conditions. Although unemployment remains high at about 9 percent, the country is seeing steady job growth. More than 100,000 jobs are being created a month, and the U.S. could see 1.5 million net new jobs this year, Yun said.

Frank Nothaft, chief economist for secondary mortgage market company Freddie Mac, said he expects a bit more robust job growth that Yun - closer to 2 million - but both economists said the unemployment rate will remain high despite the new jobs because of the size of the hole that needs to be filled. More than 8 million jobs were lost during the 2008-09 recession, and new entrants to the labor force, such as recent college graduates, add another 2 million to the hole.

Both Yun and Nothaft predict home sales a little higher than 5 million, which would improve upon last year even though 2010 had the artificial stimulus of the tax credit.

Historically high affordability is one of the key drivers of the improved sales performance. NAR's affordability index is at its highest level ever, at nearly 170, which means households earning the national median income have 170 percent of the income needed to buy a home at the national median price.

Behind the affordable conditions are low interest rates, which today are below 5 percent, and home prices that are rising in some areas (like booming North Dakota), will remain quite a bit below their peak during the housing boom. The high number of distressed homes (those in which the value is below the amount of equity the owners have in them) is one of the main reasons values are struggling to get off the bottom.

Yun said that overly strict lending standards are holding back more robust sales: 2010 mortgage originations have a lower serious delinquency rate than those originated in 2002, when serious delinquencies were barely above 1 percent. And 2011 is shaping up to be another stellar year in delinquency rates because lenders still require extraordinarily high credit scores and other hurdles to obtaining financing.

"If lenders would just go back to the normal standards that were in place prior to the boom years, sales might be 20 percent higher," Yun said.

Although he's seeing no signs of lenders opening up on lending yet, Yun said conditions are in place for lenders to start easing up. They're sitting on plenty of money, and they could be reaching the point at which they can earn more revenues at reasonable risk levels by making home loans than by doing other things with their money. "I'm not seeing that yet, but that is a potential upside," he said.

In some ways, the heroes of housing today are the all-cash buyers. They're 40 percent of the market now, so they're helping to drive sales despite the tight availability of financing. Yun thinks all-cash buyers are investors who either can't get financing or think they can get a better return on their cash by putting it into real estate than they can in savings instruments or stocks, particularly given the rock-bottom process of so many houses. He also thinks some empty-nest baby boomers might be acting as the lender for their children, buying a home for them on an all-cash basis and taking back a note. "I'm seeing this anecdotally. I don't know if it's a trend," he said.

Yun's forecast: The U.S. economy will grow about 2.5 percent this year, with between 1.5 and 2 million new jobs added to the economy. Home sales will reach about 5.1 million, up 7-10 percent from last year, with home values staying virtually unchanged.

Nothaft had a largely similar forecast.

Source: Robert Freedman, Realtor® Magazine

© 2011 Florida Realtors®

May Item of Value

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Mon, 16 May 2011 10:03:42 -0700

Hello!

We hope you are well and enjoying the start of warmer weather, cookouts and Summer fun! As this is the time of year when many families decide to make a move, if you are looking to sell your home now or in the near future in this month's Item of Value you will find great information on how to price your home to get it sold. With the great amount of inventory out there for today's buyers, it's imperative that a home be priced competitively from the beginning and employ a pricing strategy to keep buyers interested.

As always, if we can be of any assistance please don't hesitate to contact us.

Pace of foreclosures slowed further in April

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Thu, 12 May 2011 13:55:34 -0700

Court delays caused much of the drop, however. In Fla., process takes about 619 days, up from 470 days a year ago. Read more.

Banks rush to revamp foreclosure rules

Nick and Cindy Davis CDPE,SFR, ALHS,Realtor(R) (RE/MAX Premier Group) — Mon, 02 May 2011 14:53:35 -0700

A few banks have already implemented changes mandated by U.S. regulators, such as a single point of contact for owners.