Florida is a Hot Real Estate Market

How would you grade President Obama’s handling of the housing crisis ?

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 16 Aug 2010 13:34:59 -0700

Housing once was one of the focus areas for Obama during his first years in office - he tried to keep homeowners in their homes but has he done enough? How do you believe his performance on housing has worked or not worked. What what do you believe needs to be done now?Jean C Kelly, GRI

Bank Approved Short Sale - 1 Acre, Great 4/2, Florida Suburban Living at its best

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Sun, 01 Aug 2010 05:25:57 -0700

This Short Sale is a Bank Approved Price, No waiting, Expect an answer in 2 weeks and a closing as soon as your buyer is ready. tHIS PROPERTY IS ON THE EAST COAST OF FLORIDA, NEAR KENNEDY SPACE CENTER Gorgeous 4/2/2 home. Custom kitchen with new cabinets, countertops & appliances in 2005. All new wood flooring and carpet in 2005. New roof in 2009 (homeowners insurance went down $600.00). New ductwork installed in 2007. New 13 SEER AC Unit in 2010. New water filtration system installed in 2008. New exterior paint in Feb 2010. Property has Grapefruit, key lime, orange and pear trees. Large wood deck for entertaining under a canopy of 100 yr old oak trees. 16x8 Shed in very private yard. Game Room Below Jean C Kelly, GRI

For Sale, Small house $25.00 with Tenant (Humor)

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Tue, 20 Jul 2010 05:29:21 -0700

I have a small house with seperate entry that is actually attached to my home and it is for sale with a pair of tenants. They make no noise, a minimal mess which disappears with the Active rain, and actually reduce the number of insects around the exterior of my home. Priced for quick sale. They were observed yesterday coming out for the evening Jean C Kelly, GRI

SHORT SALE DERAILED BY SELLER BECAUSE HE WANTS "NO DEFICIENCY"

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 19 Jul 2010 09:18:52 -0700

I am annoyed! No more than just annoyed! Dissed and annoyed. My customer had all of the ramifications of a short sale explained to him before he agreed to a short sale. At the end of April, I submitted a short sale offer to his lender. Considering the current market, the offer was huge, only $12,500. less than owed. How good is that? My first short sale had two mortgages, and both lenders lost more than $50,000.00. The lender countered with a request that the seller sign a 12 year mortgage at 0.01% interest for the shortfall. I called my customer and explained the counter. He almost blew a gasket. He said to tell them to "just foreclose". I explained that the offer should be countered and that at its worst it was better than a foreclosure, because the bank would take an even bigger loss, his deficit would increase, and the bank could still come after him for a deficit judgement and that would be at about 11% interest. My customer was adamant, so now I'm sitting here having a little rant. Having just told the bank what my customer told me to tell them, I feel a huge loss for my customer, who acts as if the grey stuff between his ears is leather. Foreclose over $12,500? You have to be kidding I wanted to say. Foreclose, and take a bigger and more expensive hit from the bank? You have to be stupid!!!! I wanted to say. But I gently agreed to my customers terms even THOUGH HE IS WRONG! WRONG! WRONG! And never will be RIGHT with his mind-set. But... on the other hand, I should have prepared him better, and it is HIS LIFE, not mine. Jean C Kelly, GRI

Condo for only $59K, 2 Bed/2 Bath, Pools, Close to Cocoa Beach and Cruise Terminals

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Fri, 16 Jul 2010 04:18:09 -0700

Jean Kelly | Kiser Realty & Investments, The La Cita Group | (321) 264-6634

201 International Drive #526, Cape Canaveral, FL

Enjoy your peace and quiet in this condo just blocks from the Indian River and the Beach. Practice Tennis or relax by one of the pools in your new hom

2BR/2BA Condo

offered at $59,900

Year Built	1988
Sq Footage	1,050
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	1
Parking	1 Uncovered spaces
Lot Size	2,613 sqft
HOA/Maint	$337 per month

DESCRIPTION

Enjoy your peace and quiet in this condo just blocks from the Indian River and the Beach. Practice Tennis or relax by one of the pools in your new home. You can cruise from the port, dine in a waterfront seafood restaurant, go deep sea fishing, or lay on the beach - all within minutes of this 2nd floor condo.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Dryer	- Balcony, Deck, or Patio

COMMUNITY FEATURES

- Guest parking

- Swimming pool(s)

- Tennis court(s)

OTHER SPECIAL FEATURES

- Close to Beach and Cruise Terminals and Deep Sea Fishing

- Cocoa Beach, Indian River, Cruise, Fish, Nature

ADDITIONAL PHOTOS

Front	Living - Dining
Photo 3	Photo 4
Master Closet	Guest Bedroom

Contact info:

Jean Kelly

Kiser Realty & Investments, The La Cita Group

(321) 264-6634

For sale by agent/broker

Equal Opportunity Housing

Posted: Jul 16, 2010, 7:02am PDT

Jean C Kelly, GRI

Postlets is Great, I mean Really Great. AND I NEED HELP WITH SCRIBEFIRE which AR Recommended

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Tue, 29 Jun 2010 11:35:31 -0700

I just bought into a couple of zip codes on Zillow to pump some more traffic into my pipeline. The sales person, let's just call him Joe told me that all I had to do to get my listings onto Zillow was to ADD A LISTING by entering THE ADDRESS, and everything else would be taken care of. Well I tried that, and what resulted was (with my further input) a line or two, listing the address of the property and the price with my "abbreviated" features. I took an immediated dislike to Joe, and searched around for a way to quickly syndicate to Zillow from some platform that was "free". You guessed it. www.postlets.com came to the top of the list. In less than 15 minutes I had created a free postlets account, Created a listing: syndiacted it to Google Base, Oodle, HotPads, Trulia, DotHomes, Zillow, Backpage, Vast, Enormo, and others. Here is the listing to see what came of the effort (you can choose 3 sizes) http://www.postlets.com/res/4048216 and it is quite impressive. How much did it cost? NADA! and it saved me a ton of time. FYI - all I installed ScribeFire to assist me, and now my HTML editor in Active Rain No longer works. I cannot figure out how to set up Scribe Fire to blog to my active rain blog either. Any help out there?Jean C Kelly, GRI

New Reduction - over 2200 SF, 1 Acre, 4/2 Split Plan 159900.00

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Tue, 29 Jun 2010 11:12:23 -0700

Take a Look at this new listing in Titusville. It sits high on a hill, has over an acre of land, High Effieciency Heat and Air, Air Filter, Irrigated, Newer Roof, A steal for anyone looking for space and a great price. Jean C Kelly, GRI

Veterans, Foreign Service vets, and certain members of the intel community have tax credit extension

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 21 Jun 2010 09:47:58 -0700

Vets have another Year to Earn The First Time Tax ... VA Tax Credit extended for Military and foreign service Vets have another Year to Earn The First Time Tax Credit Some members of the military, intelligence commuity, and foreign services still have until April 30th 2011 to take advantage of the Home Buyers Tax Credits Service members who were on official extended duty outside the US for at least 90 days between Jan 1, 2009 and April 30, 2010 may qualify for the one-year extension. Buyers must be under contract by April 30, 2011 and close by June 30, 2011. Max credit for first time home buyers remains at $8,000.00 Mas credit for repeat buyers remains at $6,500.00 Military buyers may combine the tax credit with their VA loan benefits.Jean C Kelly, GRI

Fundraiser in Titusville Florida - Come Out and Dance

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 21 Jun 2010 06:02:51 -0700

The Titusville Elks Club is Sponsoring a fundraiser dance June 26th at 7 PM featuring music by the Elkerly Brothers. The Elkerly brothers play great 50's, 60's etc. music for your dancing and listening pleasure. Come out and lend a hand to this worthy effort. Benefits Therapy Vans (help regardless of ability to pay), Youth Camp (camp for those kids whose parents cannot pay, Alzhiemers, Hospice, etc. The Elks help a lot of different charities, so come out, have fun, and contribute to a worthy cause at the same time. Jean C Kelly, GRI

Alien in the White House

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 21 Jun 2010 05:04:21 -0700

The Alien in the White House The distance between the president and the people is beginning to be revealed. By DOROTHY RABINOWITZ The deepening notes of disenchantment with Barack Obama now issuing from commentators across the political spectrum were predictable. So, too, were the charges from some of the president's earliest enthusiasts about his failure to reflect a powerful sense of urgency about the oil spill. There should have been nothing puzzling about his response to anyone who has paid even modest critical attention to Mr. Obama's pronouncements. For it was clear from the first that this president-single-minded, ever-visible, confident in his program for a reformed America saved from darkness by his arrival-was wanting in certain qualities citizens have until now taken for granted in their presidents. Namely, a tone and presence that said: This is the Americans' leader, a man of them, for them, the nation's voice and champion. Mr. Obama wasn't lacking in concern about the oil spill. What he lacked was that voice-and for good reason. Those qualities to be expected in a president were never about rhetoric; Mr. Obama had proved himself a dab hand at that on the campaign trail. They were a matter of identification with the nation and to all that binds its people together in pride and allegiance. These are feelings held deep in American hearts, unvoiced mostly, but unmistakably there and not only on the Fourth of July. A great part of America now understands that this president's sense of identification lies elsewhere, and is in profound ways unlike theirs. He is hard put to sound convincingly like the leader of the nation, because he is, at heart and by instinct, the voice mainly of his ideological class. He is the alien in the White House, a matter having nothing to do with delusions about his birthplace cherished by the demented fringe. One of his first reforms was to rid the White House of the bust of Winston Churchill-a gift from Tony Blair-by packing it back off to 10 Downing Street. A cloudlet of mystery has surrounded the subject ever since, but the central fact stands clear. The new administration had apparently found no place in our national house of many rooms for the British leader who lives on so vividly in the American mind. Churchill, face of our shared wartime struggle, dauntless rallier of his nation who continues, so remarkably, to speak to ours. For a president to whom such associations are alien, ridding the White House of Churchill would, of course, have raised no second thoughts. Far greater strangeness has since flowed steadily from Washington. The president's appointees, transmitters of policy, go forth with singular passion week after week, delivering the latest inversion of reality. Their work is not easy, focused as it is on a current prime preoccupation of this White House-that is, finding ways to avoid any public mention of the indisputable Islamist identity of the enemy at war with us. No small trick that, but their efforts go forward in public spectacles matchless in their absurdity-unnerving in what they confirm about our current guardians of law and national security. Consider the hapless Eric Holder, America's attorney general, confronting the question put to him by Rep. Lamar Smith (R., Texas) of the House Judiciary Committee on May 13. Did Mr. Holder think that in the last three terrorist attempts on this soil, one of them successful (Maj. Nidal Hasan's murder of 13 soldiers at Fort Hood, preceded by his shout of "Allahu Akbar!"), that radical Islam might have played any role at all? Mr. Holder seemed puzzled by the question. "People have different reasons" he finally answered-a response he repeated three times. He didn't want "to say anything negative about any religion." And who can forget the exhortations on jihad by John Brennan, Mr. Obama's chief adviser on counterterrorism? Mr. Brennan has in the past charged that Americans lack sensitivity to the Muslim world, and that we have particularly failed to credit its peace-loving disposition. In a May 26 speech at the Center for Strategic and International Studies, Mr. Brennan held forth fervently, if not quite comprehensibly, on who our enemy was not: "Our enemy is not terrorism because terrorism is just a tactic. Our enemy is not terror because terror is a state of mind, and as Americans we refuse to live in fear." He went on to announce, sternly, that we do not refer to our enemies as Islamists or jihadists because jihad is a holy struggle, a legitimate tenet of Islam. How then might we be permitted to describe our enemies? One hint comes from another of Mr. Brennan's pronouncements in that speech: That "violent extremists are victims of political, economic and social forces." Yes, that would work. Consider the news bulletins we could have read: "Police have arrested Faisal Shahzad, victim of political, economic and social forces living in Connecticut, for efforts to set off a car bomb explosion in Times Square." Plotters in Afghanistan and Yemen, preparing for their next attempt at mass murder in America, could only have listened in wonderment. They must have marveled in particular on learning that this was the chief counterterrorism adviser to the president of the United States. •· Long after Mr. Obama leaves office, it will be this parade of explicators, laboring mightily to sell each new piece of official reality revisionism-Janet Napolitano and her immortal "man-caused disasters'' among them-that will stand most memorably as the face of this administration. It is a White House that has focused consistently on the sensitivities of the world community-as it is euphemistically known-a body of which the president of the United States frequently appears to view himself as a representative at large. It is what has caused this president and his counterterrorist brain trust to deem it acceptable to insult Americans with nonsensical evasions concerning the enemy we face. It is this focus that caused Mr. Holder to insist on holding the trial of Khalid Sheikh Mohammed in lower Manhattan, despite the rage this decision induced in New Yorkers, and later to insist if not there, then elsewhere in New York. This was all to be a dazzling exhibition for that world community-proof of Mr. Obama's moral reclamation program and that America had been delivered from the darkness of the Bush years. It was why this administration tapped officials like Michael Posner, assistant secretary of state for Democracy, Human Rights, and Labor. Among his better known contributions to political discourse was a 2005 address in which he compared the treatment of Muslim-Americans in the United States after 9/11 with the plight of the Japanese-Americans interned in camps after Pearl Harbor. During a human-rights conference held in China this May, Mr. Posner cited the new Arizona immigration law by way of assuring the Chinese, those exemplary guardians of freedom, that the United States too had its problems with discrimination. So there we were: America and China, in the same boat on human rights, two buddies struggling for reform. For this view of reality, which brought withering criticism in Congress and calls for his resignation, Mr. Posner has been roundly embraced in the State Department as a superbly effective representative. It is no surprise that Mr. Posner-like numerous of his kind-has found a natural home in this administration. His is a sensibility and political disposition with which Mr. Obama is at home. The beliefs and attitudes that this president has internalized are to be found everywhere-in the salons of the left the world over-and, above all, in the academic establishment, stuffed with tenured radicals and their political progeny. The places where it is held as revealed truth that the United States is now, and has been throughout its history, the chief engine of injustice and oppression in the world. They are attitudes to be found everywhere, but never before in a president of the United States. Mr. Obama may not hold all, or the more extreme, of these views. But there can be no doubt by now of the influences that have shaped him. They account for his grand apology tour through the capitals of Europe and to the Muslim world, during which he decried America's moral failures-her arrogance, insensitivity. They were the words of a man to whom reasons for American guilt came naturally. Americans were shocked by this behavior in their newly elected president. But he was telling them something from those lecterns in foreign lands-something about his distant relation to the country he was about to lead. The truth about that distance is now sinking in, which is all to the good. A country governed by leaders too principled to speak the name of its mortal enemy needs every infusion of reality it can get. Ms. Rabinowitz is a member of the Journal's editorial board.Jean C Kelly, GRI

Buying a HUD Home Who Can Buy, How Can They Buy Foreclosures Auction

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Tue, 18 May 2010 07:52:00 -0700

Who and How can you buy a Foreclosed home owned by HUD? I can submit bids for you, because you have to have a Realtor represent you in the process. The following information was taken from one of the websites representing HUD in the liquidation process. Quoting " What is a HUD Home?A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim. The following information is provided to as an introduction to the process through which HUD homes can be purchased . You can either scroll down the page, or access specific topics through the following topic menu. Additional links provided in the menu to the right provide access to FHA program and policy information for homeowners, homebuyers, and members of the mortgage lending and real estate industries. HUD HOMES TOPIC MENU Who Can Buy a HUD Home? How Are HUD Homes Sold? Should I get a Home Inspection? What About Financing? Where Can I Learn About Available HUD Properties? Does FHA Offer Any Special Discount Sales Programs? HUD Assistance for Disaster Areas Additional Information About HUD Homes and Other FHA Programs Who Can Buy a HUD Home? Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.If you are an evacuee displaced by Hurricane Katrina, Rita or Wilma, you may be eligible to purchase a HUD Home at a discounted price. How Are HUD Homes Sold? All properties available for purchase by the public are offered for sale at Internet listing sites maintained by management companies under contract to HUD. Any real estate broker registered with HUD may submit an offer and contract to purchase on your behalf. HUD pays the real estate broker's commission, if included in the contract. HUD Homes are offered for sale at fair market value, based on a recent appraisal. Generally, HUD Homes are sold in what is known as an "Offer Period," during which a potential buyer's offer must be made. At the end of the Offer Period, all offers are opened and the bid providing the highest acceptable net return to HUD may then be accepted. Following the initial "Offer Period" homes remaining unsold are offered on an "extended" basis which means offers may be submitted any business day. If a bid on one of these homes is acceptable, the broker will usually be notified within 48 hours of HUD's acceptance of the offer.Jean C Kelly, GRI

Very Inexpensive Winter Place - Manufactured Home Merritt Island Florida $ 45K

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 17 May 2010 04:14:35 -0700

Roomy Manufactured home backing to Lake on North Merritt Island. Double roofed (roof over) with additional insulation approx 10 yrs ago. Strapped down, handicap ramp on back Florida Room for easy entrance from side carport. Additional Workout or shop room, plus detached covered patio and additional storage room. Partially furnished with TV, Lawnmower, sofa, recliner, two beds, dining room table and chairs and miscellaneous. Move in ready. A must see for the buyer with cash. 3/2 with carport, Covered picknick area, storage room, Florida Room and Workroom

PropFlorida Room and wheelchair access to home

Jean C Kelly, GRI

A great place for Tacos and More in Titusville Florida, home of Kennedy Space Center

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Fri, 14 May 2010 10:19:46 -0700

Today I had lunch (again) at Quillen's Taco shack, located at 1090 Garden Street in Titusville, Florida. Funny I was on my way to watch the Final (?) launch of the Space Atlantis on a resupply mission to the International Space Station. Quillans, the home of the absolute best and freshest tacos on the space coast of Florida, did not disappoint me again today. The place was jammed with Shuttle Launch visitors, but obviously the Quillen's prepared in advance for the rush of customers coming into town for the launch. Their facebook pae is here: http://www.facebook.com/group.php?gid=220816240506#!/group.php?gid=220816240506 Here is whare they are located. At Quillens the menu is diverse, from the freshest and crispest Taco's (what else), to soft taco's to Local High School (Terrior and War Eagle) style to Salads, Burritos, Tostada's Chimichanga's, Bar-B's, Burgers, Chicken, WIngs, and so forth. Everything on the menu is top notch and prepared AFTER you order - but not to worry, in a crowd I only waited for 10 minutes for my order. Quillen's is a family business, locally owned and opertated by folks who care about the food and service they deliver. Try them today. Top of the list for Mexican food. Tuesday is a great day to try them for the first time. The special is 3 beef or Bean Tacos plus a medium drink for just $5.00. I cannot say enough good about Quillen's . Give them a try Jean C Kelly, GRI

Last ? Flight of the Space Shuttle Atlantis

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Fri, 14 May 2010 09:19:41 -0700

Just an hour and half ago, I had the distinct pleasure and privilage to stand on the banks of the Indian River in Titusville Florida and watch the space shuttle Atlantis rise over the new bridge being constructed to carry traffic to the Merritt Island National Wildlife Refuge and the North Entry to Kennedy Space Center. As I watched with my Children and Grandchildren As seen after the shuttle Atantis is near orbital altitude and speed. But before that, it had just cleard the bridgu (under the Crane). Then, about 30 seconds after lifoff the sound came to those o us at Sand Point Park. Someone in the crowd started to clap, and the clapping was picked up by most of the visitors who were from all over the States and the World. God Speed and God Bless the Crew of Atlantis Jean C Kelly, GRI

WHY DO FRIENDS NOT HAVE EARS TO HEAR YOU, BUT HEAR OTHER LO'S LOUD AND CLEAR

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 10 May 2010 09:04:24 -0700

Lets call my seller Elmer for privacy. We listed his property six months ago in a very declining market . It has declined even more each month, with no end in sight. The property was listed for SALE and for RENT with the owner willing to do either, but only at prices the market would not support Lets look at the rent side first. We asked a Lease Price about $100.00 per month above comps (owner chose the point over explanation that the price was too high). We got few showings, and with those few, the prospective tennants would not make offers even when they were told the owner would negotiate. No offers because the prospects perception was that the price was so high a reasnable lease could not be negotiated. Every time we told the owner they needed to reduce the asking price the answer was the same - "we will negotiate". Even when the fact that tenants would not even look at the property unless it was priced correctly, the answer was the same. The selling price was $20K more than an identical unit just up the street was listed at, and $10K more than another close by unit, also identical. My seller had to cover his mortgage and his costs, so he insisted. We tried to convince the owner that he could come to closing with money or do a dubious shortsale (this was no longer his primary residence). He said he would never do a short sale and would not come to closing with money. STALEMATE with a friend. And so, you guessed it. The listing expired (my bad), and suddenly my seller could hear! The listing is now at $99K, $20K short of the money, and is listed as a short sale by a Realtor who has never handled a short sale in her life. Not that the first one can't be successful, but on an investment property, by a seller who cannot concievably show a hardship? Oh, my friend is hearing all right. When I saw that and called to ask about the listing, he stated that all along all he wanted was advice on how to sell the property. What was wrong with Elmer's ears? Friends cannot hear friends, even experienced Real Estate agents, but they can hear others who say the same thing! My venting is done now. Thanks for listening. Jean C Kelly, GRI

International Buyer from Switzerland! I need your help folks

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 03 May 2010 05:15:55 -0700

Hi guys: I have a buyer in town who is from Switzerland, and I have no knowledge of how to work withan international buyer. He has to make a decision quickly about taking a job in Cocoa Beach, FLorida and purchasing a home. I need quick help from some experts at dealing with international buyers. Help! Jean C Kelly, GRI

Blowout Friday, the last day of the Tax Credit

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 03 May 2010 05:07:16 -0700

What a day! On the last day of the Tax Credit (for those of us who do not back date contracts... oh, that's ALL of us, right?) I wrote my own world record number of "sides" Eight for the day. FInished up at 9:45 PM with a buyer who called at 5:45 to vent about HIS realtor, who told him at 5:15 is was too late to get the credit. Oh, thank you ex-realtor for my buyer. I straightened out his thinking and closed the deal Friday evening. My belief is that if I don't work for a buyer or seller and give it my utmost, someone else will. Now for all the paperwork!Jean C Kelly, GRI

Golf Tournament to benefit Community Outreach Center in Titusville Florida

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Fri, 23 Apr 2010 09:46:25 -0700

Indian River City United Methodist Church in Titusville Florida is sponsoring a Golf Tournament at Royal Oak Golf and Country Club to benefit the Community Outreach Center that IRC, along with St. Andrews Church set up to help the community of Indian River Heights. The IRC Golf Tournament, a four-person best-ball scramble, is at 8:30 a.m. Saturday, May 1, at Royal Oak Golf Course. The $50 entry fee includes lunch at Royal Oak immediately following the tournament. Proceeds benefit the Community Connections Outreach Center, which provides a centralized place for people in our community to come and get connected to outside resources (food, housing, clothing, employment, ect.). For more information, contact Greg Sparkman at 383-0677 or kws4au@yahoo.com. Hole in One wins a Ron Norris 2010 Buick LaCrosse His and Hers Closest to the pin and Longest Drive Putting Contest Silent Auction Winning Team Prizes Lunch Provided Hole Sponsor inclueds Comany name and logo listed on the hole. Recognition at the Golf Lunch and in Church Newsletter. Download Entry form: CLICK HERE to download registration form Jean C Kelly, GRI

Mortgage Difficulty Homeowner Options

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Wed, 10 Mar 2010 08:00:43 -0800

Everyone knows someone who is having or anticipates having difficulty making or keeping up with Mortgage payments. This Sunday, March 14th, from 2-4PM, my husband Jay will be making a presentation followed by questions and answers describing the Foreclosure timeline, Short- Sales, Deed In Lieu, and other Distressed Homeowner options. The problem is not localized, nor is it the homeowners fault in most cases. Some of the reasons for distress and difficulty are: Two income families losing one job Divorce Illness Adjustable Rate Mortgages resetting Insurance and Taxes escalating One thing that is not a good reason to short-sale or walk away is being Under Water, or Upside Down IF the homeowner can still afford to make the payments. So, if you or someone you know needs to find some of the answers, come out to Indian River City Methodist Church on Cheney Highway in Titusville Sunday, March 14, 2-4 PM. The meeting will be in Wesley Fellowship Hall (formerly the Gym), Studio 153.Jean C Kelly, GRI

New Listing on an acre / 4/2/2 New Paint, A/C, compl remodel in '05

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Sat, 27 Feb 2010 08:51:34 -0800

Gorgeous 4/2/2 home in exclusive Quail HAven neighborhood. Home is nestled on one acre of native forest with 100+year-old oak/pine/maple & cedar trees. Lot is very private w/front and back yards resembling state parks. Has nice winding concrete driveway w/lots of parking. Large wooden deck out back under canopy - 16x8 shed out back. Pristeen native vegetation. House underwent major renovation in 2005. Upgrade list available. Great well water and sep. well/pump for auto. sprinkler system. Only $174,900.00 Jean C Kelly, GRI

Beautiful Home in La Cita Golf and Country Club Community - I Love Florida

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Fri, 26 Feb 2010 11:54:49 -0800

This super home is located in La Cita Golf and Country Club . Florida's best kept secret community. Winter home of many Snowbirds who just want to escape the bitter cold and snow of winter. Come and take a look. http://www.brevardmls.com/brv/maildoc/b005gX2703.htmlJean C Kelly, GRI

What was my seller thinking?

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Fri, 26 Feb 2010 11:37:37 -0800

Anyone have this experience with a Short Sale? My seller had originally lived in this home as Primary residence. During the Crazy market, he decided to purchase a country home, and did so, thinking he could easily sell his "old" primary residence and have only one property. Well - you guessed it. The crazy times ended and he "chases" the market down until finally in desperation, leased the home to a deadbeat. After eight months, and plenty of damage, he evicted the tenant. The banks were hounding him because he could not make both mortgage payments, so he hired a "law firm outside the state" to deal with the now "distressed property". Paid them $2,500.00 up front to do what we realtors do for free - deal with the bank for him. Now after four months of that, he came to me to list the property for short sale. Well, OK, stop fooling around with the "law firm" and lets get this done, I thought (foolishly). When our first offer came in it was reasonable for the property condition and th market. Unfortunately, the seller had a REALTOR friend in Arizona who advised him to counter the offer. He did, at an unreasonable level. No amount of persuasive talk, details, and statistics would sway him, so the buyer walked. The bank never saw the offer. The seller actually struck whole paragraphs from the as-is contract (seller pays: requested seller concessions, etc.). I asked him why he did that, and he said he wanted to limit his deficiency! I explained in detail that as time went by, and it surely would go by based on his counter offer, his deficiency would surely go higher and higher. He had a friend in Arizona, a Realtor, remember...That Realtor should lose his license for giving rediculous advice. So, Thursday I drive by the property and find my $100.00 Electronic Lockbox gone and a combo in its place. I talk to the neighbor who says that the bank foreclosed on the property January 15th!. I guess its my bad for not checking on the property more often, but so many calls to the seller were unanswered and unreturned that I just did not want to deal with it. I guess the seller didn't either, and the bank or the banks property preservation company has my lockbox#$&*@Jean C Kelly, GRI

Sales Up again in Florida - Statistics are positive but is the bottom line up as well?

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Fri, 26 Feb 2010 11:10:01 -0800

The Florida Assoc Of Realtors has confirmed my experience that sales volume, as determined by housing units sold, continued to rise in December. According to FAR, that's 17 consecutive months of rising unit sales. But that is not the whole story.... unfortunately. I'm killiing myself! For my record last year was 32 "sides". far more than 2008, and income was up as well, but nowhere near the percentage that "sides" were up. So, while "sales" continue to rise, bank balances are at a historical low. Boo-hoo. Am I looking forward to another great year? Well yes, but looking at the headlines in Saturdays Florida Today newspaper here on the "Space Coast" of the world, I'm depressed. Our president, who came to Florida and, seeking election, roundly supported the space program, has done the unthinkable - cut out funding for all space vehicles in development for NASA. The result is predictable, and FL Today made the research official (Source: Brevard Workforce President Lisa Rice) - 23,000 Direct and indirect job losses in Brevard County Florida. THAT IS CATASTROPHIC! We already have more than 10% of our people unemployed. Another three years of this "leadership" who wants to reach out to the Muslim world and offer space technology to them? A subject for another time, it could become a rant. Does anyone know where the market is "hot" and expected to stay that way for a couple of years? I'm ready to bail and be a proactive Momma!Jean C Kelly, GRI

Writing offers on REO's

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 18 Jan 2010 07:30:08 -0800

We should always caution our buyers to make REO offers reasonable in order to maximize the buyers chance of success. To this end, we suggest several points to our buyers: 1) The property manager for the REO is only motivated by his/her monthly goals. There are no emotions. 2. Make offer based on MY BPO. 3. Have pre-approval or proof of funds for cash offers 4. Ask for a quick closing date 5. The offer is "as-is", no repairs, so make sure you do a thorough inspection personally or professionally. 6. Do not make the offer contingent on selling an owned property. 7. Buying "as-is" does not eliminate the right to inspect and withdraw. 8. BUYING A REO THAT NEEDS WORK, IF THE PROPERTY WILL APPRAISE, THE LOAN CAN BE A CONSTRUCTION LOAN TO DO THE WORK REQUIRED.Jean C Kelly, GRI

Better results on Short Sales are just a few responsible steps away

Jean Kelly (,GRI, Kiser Realty - The La Cita Group) — Mon, 18 Jan 2010 07:08:54 -0800

THis post is primarily for the agents who are listing a property for Short Sale. My better half Jay (or Jency if you prefer) is a Certified Distressed Property Expert, and has has also completed the "coveted" FAR approved class "Short Sales and Foreclosures, What Buyers Reps Need to Know". His take on the training available to Realtors: Get your CDPE training and stop wasting money on other SS training. First Point: Begin with the idea that you are going to create a paper trail that says to the bank "Look, I tried to get you better offers, and no one was interested". You accomplish this by initially pricing the property at or slightly above your best-effort BPO. When you write the listing agreement write an addendum that allows you to lower the price periodically to specified levels on specific dates (the last Friday of the Month, or something like that). Exception: If the foreclosure date is set, and time is short, start low. Second: Get approved by the bank to talk to them and begin talking immediately. Be so nice that sugar will not melt in your mouth. You are dealing with poorly paid, overworked, often insulted employees that are under immense pressure. Yours will be one of 60 files on their desk, so... Third: the bank expects, in fact demands, a professionally prepared package. Put a cover letter on your SS package when you send it in. Have a list of the repairs the place needs (helps justify the short sale). Number the pages 1 of x, 2 of x, etc, have the loan number, property address and your contact information on all pages. Put a blank page at the end and label it in your handwriting: Last page. If you do this step well, they MAY not lose your file but one or two times. Guaranteed it will go to the top of the stack. SUBMIT TO ALL MORTGAGE HOLDERS SIMULTANEOUSLY - FIRST, SECOND, THIRD. While this list is not nearly exhaustive as I can make it, you will be setting up the bank's recognition of your abilities. That includes the ability to negotiate on the deficiency, which can be negotiated away for your seller. We are, in truth, the only party to the contract that shouldn't have a strong bias either way. With that and a little knowledge, we can ask for language that eliminates the possibility of a deficiency judgement and if we are REALLY good, has the mortgage payoff reported to the credit bureau as paid in full. One parting comment: The only Distressed Property owner I have little sympathy for is the one who used their property just like a checkbook. Sellers who treated a HELOC or other mortgage product as if it were earned income should have seen it coming. They earned their punishment, and at best a deficiency judgement is well deserved.Jean C Kelly, GRI