buyers: Sales in Florida - 05/24/08 02:03 AM
The numbers are finally showing what we realtors have been saying. Sales are improving! In Florida, according to the Florida Association of Realtors, 11,200 single family homes were sold in April. That is a 20% increase over sales in March. Cond sales have also increased with more than a 21% increase in April.
Several realtors that I have talked to and I have experienced buyers coming from Canada and from overseas to buy homes and condos in our area. Our prices are great for them as the dollar is weak and prices are down.
Happy Selling!
 
 
 
 
The … (4 comments)

buyers: Buyers and Short Sales - 04/12/08 09:44 AM
A short sale is when the house's value is less than the mortgages owed on it. In addition, due to a change in the homeowners' circumstances, they are no longer able to maintain the mortgage payments on the home. Rather than having the house go in foreclosure, the homeowner tries to sell the house and asks the bank to take a "short sale" which means the bank or mortgage company is accepting less than what is owed on the house rather than foreclosing on the house. If the short sale is successful generally all the closing costs for the seller are … (0 comments)