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Best on the Vine, week of December 16

By
Real Estate Broker/Owner with CENTURY 21 Key Realty

Tomato VineSome great links from around the Tomato Vine this week.

Janis down at in Port Orange, Florida has some keen advice for home buyers, and she discusses it in her post about the precautions buyer need to take regarding their credit while waiting on to close on their new home.

Wachovia Bank, a relative newcomer to the banking scene here in the Dothan area, recently released their 2008 Outlook for the Economy. Brad at Maxsell gives us the highlights and some excellent commentary on the subject. On that note, I will be posting next week about the Dothan real estate market in 2008 and how we see things shaping up in the coming year.

With all the continued news coverage about foreclosures, those facing this dilema tend to look for help anywhere they think they can get it. I posted earlier this week about a legitimate source of help, but Paula at Indy Real Estate Talk has some insight on how to avoid those that are out to con, not help.

With Fort Rucker being a major contributor to the economic well being of the Dothan area, we are well aware of how BRAC can effect a community. Scott is following how BRAC is effecting the Howard County, Maryland area. They are expecting an additional 22,000 jobs!

John out in Ventura County, California, has an excellent breakdown of how your credit score is calculated. Good information John, and welcome to the Tomato Vine!

Another John, this time at Homeward Real Estate, has the three most important things to know about short sales and pre-foreclosures. Timely information indeed.

Over $60,000 per acre for raw, undeveloped land? Sara tells us that is the going rate in the Kuna, Idaho area. Sure, we have lots is upscale subdivisions that cost that much, but thankfully land here in the Dothan hasn’t reached those prices yet. Contact us if you have an interest in land for sale in this area.

Bob up in Raleigh is talking about land too. Specifically, why almost all new homes are on such small lots. Good analysis Bob!

And finally, Rob, who covers Salt Lake City, Utah real estate, has some valuable information on recent changes to FHA loans. FHA financing is the choice of a majority of Dothan home buyers.

Another week of great writing Tomatoes! The Best of the Vine will resume on January 4, after the holidays. Merry Christmas and Happy New Year!

P.S. For you Tomatoes that are reading this post, let me know if you would be interested in hosting “The Best on the Vine” on your blog! You'll find some details on the Tomato Forum.