Archive for January, 2010

Jan 15 2010

New Year brings optimism for the 2010 Real Estate Market

What better way to start the New Year, then to bring confidence to our 2010 Real Estate Market. Ringing in the New Year being hopeful and optimistic will allow us to decide what we can do to improve our way of thinking about what is currently going on in the market. The New Year begins with us having a positive outlook and is a promising time for those of us looking to buy a home in the Niceville, Eglin Airforce Base, Destin Florida areas.

Here are a few reasons to make a real estate investment in 2010:

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Jan 06 2010

Modified loan on home can hurt

DETROIT – Jan. 5, 2010 – The last thing many troubled homeowners want to hear is that they could be denied a car loan after they get a chance to modify their home loan.

But credit scores can get dinged after a home loan modification, making it more costly or tougher to get a loan or credit card.

Hundreds of thousands of homeowners find themselves in a financial squeeze, thanks to the recession and the meltdown in the housing market. Lenders have offered trial loan modifications to more than 700,000 eligible borrowers. As of late November, about 31,000 trial loans have been made permanent, which requires at least three on-time payments under the trial program and proof of income.

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Jan 06 2010

File early for tax exemptions

BARTOW, Fla. – Jan. 5, 2010 – It’s not too early to file for a property tax exemption for next year, according to Polk County Property Appraiser Marsha Faux, Faux said filing now will allow property owners to beat the rush that normally occurs early in the year as people try to beat the March 1 deadline.

Faux said her staff is accepting applications for homestead, portability, widow, widower, disability, veterans, senior, religious and charitable exemptions as well as applications for agricultural classification, also known as greenbelting.

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Jan 05 2010

2009 YEAR END BLUEWATER BAY SALES STATS

Bluewater Bay, 2009 was better than you might think. The statistics are AVERAGES covering an area from the Mid-Bay Bridge to the Rocky Bayou Bridge. 

12.8% more homes sold in 2009 than in 2008, and there are 20.5% fewer homes for sale today than at the end of 2008. 

The average sales price increased 1.5%. However, the average price per square foot declined 9.2%.

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