Archive for April, 2009

The big news is that the rate at which the index had been falling is slowing. Yep, the 2.7% drop in the index from January to February was certainly lower than the 4.4% drop from December 2008 to January 2009. But will that continue?

Supply falling with increasing demand for Tampa homes.

I’ve heard about many Tampa first time home buyers asking if the $8000 tax credit can be used upfront as a down payment or for closing costs. With first time  buyers using an FHA loan needing 3.5% of the purchase price to close  (about $8k on a $228k purchase), that’s a good question. So I [...]

Dogs bark, understood. But nothing, in my opinion, is more obnoxious than an incessantly barking dog. And if you’re trying to sell your home, and the neighbors’ dog barks non-stop any time would-be buyers are present, good luck. It turns buyers off, some more than others. Maybe not as bad as an old junker on [...]

The Lis Pendens is the initial document filed by a mortgage note holder when beginning the foreclosure process. These documents are recorded as public record. Keeping tabs on the number of Lis Pendens filings gives us an indication of the amount of distressed mortgage loans that are still out there (not much has changed). The [...]