Land O Lakes, FL Real Estate News

By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
First Time Homebuyer Tax Credit of 2009 has been extended into 2010. Most details for first-time homebuyers mirror the rules currently in existence. The maximum tax credit remains $8,000 ($4,000 for married individuals filing separately), and anyone who has not owned a home within three years is considered a "first-time buyer." · A purchase must be under contract by April 30, 2010.  · A purchase under contract by April 30 must close no later than June 30, 2010.  · After Dec. 1, 2009, income limits rise to $125,000 for singles and $225,000 for married couples; up from limits effective through Nov. 30 of $75,000 for singles and $150,000 for married couples. The tax credit phases out incrementally at each $20,000 increase in income.  · Effective immediately: The maximum home value purchase...
Comments 0
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
Real estate investors are moving back into the market, according to a recent survey -- 12.1 percent of home buyers today plan to buy a home as an investment property, compared to 5.6 percent in March 2009. The survey found that 15.8 percent of those interested in investment property were men and 8.1 percent were women and 52.6 percent of the investment buyers were between ages 35 to 49.Of the 25.3 percent of buyers who are focusing on foreclosure properties, 42 percent regard the purchase they are considering an investment and don't plan to live in the property themselves; 13.2 percent plan to rent out the property; 11.3 percent are going to fix up the property and resell it; and 17.4 percent plan to house a family member until the property can be sold profitably.Of the 9.8 percent of b...
Comments 0
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
Your options: Keep paying or try to change your loan's terms.But some people wonder, what if I just stop paying the mortgage? It may be a tempting idea, but it quickly leads to trouble.Here's what could happen if you don't pay the mortgage.Credit bureauIf your payment does not arrive, your lender or servicer will report this late payment to the credit bureau by the first day of the next month. This will put a negative mark on your credit report and your credit score will drop.The late payment report whacks your credit rating. Your credit score starts to drop, by up to 200 points, if this is your only late or missed payment.Cards are closed, rates riseIn the next 30 days, you can expect your other creditors to notice the late mortgage payment and to take action. They can raise your inter...
Comments 0
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
Here is some interesting information - Borrowers prefer short sales because Fannie Mae requires them to wait only two years to own another home or even less than that if they were not delinquent. By contrast, those who lost their homes to foreclosure have to wait five years.Call me about Selling your Home by Shortsale please. Treating you with Dignity and getting the job done. Warmly, Stephanie LeFew www.TampaHomeBuy.com Tampa Home Buy Realty 813-624-3332 - personal cell phone Tampa Florida Area Realtor Specializing in Selling Shortsales
Comments 1
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
It is a very good idea to have things in order before making an offer. That includes having the financing firmed up and writing a clean offer - for example, asking for new oven racks as part of the deal could make you seem like a demanding buyer who will be annoying to deal with. The bank would much rather work with another buyer and will do so if the listing agent or the bank get a vibe that you will be a pain to deal with.Most bank-owned properties are sold "as is." If there is something you want fixed, it's best to just factor that into the price you're offering, but don't expect to bargain the listing price way down, as Banks typically price their properties at a 20 percent to 30 percent discount anyway. If the property has been on the market for a week or two, don't expect the bank...
Comments 1
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
The Federal Housing Administration (FHA) is giving struggling borrowers an opportunity to deed their property over to the lender in exchange for up to $2,000. Under the Cash for Keys program, borrowers with FHA-backed loans who agree to a deed-in-lieu-of-foreclosure do not have to repay the mortgage. To qualify, owners must face long-term financial hardship, put the house on the market at a fair price for at least 90 days, face no additional claims or liens other than the first mortgage on the house, and leave the property clean and in good condition.  This is one possibility for homeowners behind in payments. I really believe it is really hard for homeowners to make this decision.  If a homeowner can ride out and keep making payments on their home and not fall behind in payments, many ...
Comments 0
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
Tax breakA 2007 law exempts from tax up to $2 million of debt forgiven in a foreclosure or similar proceeding for a primary residence, according to the Internal Revenue Service. The tax break extends to 2012.The lender's willingness to negotiate varies and depends on the loan balance, condition of the property, location and resale opportunities.Short sales or deeds-in-lieu of foreclosures are apparently considered the same as a foreclosure on your credit score.A foreclosure remains on a credit report for seven years. Credit scores can begin to rebound in as little as 2 years if bills are paid on time, according to FICO. Please let me know if there is anything that I can answer for you in regards to shortsales that you may need to sell, or would like to buy. Experience in shortsales sinc...
Comments 0
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
I just started my new  company, Tampa Home Buy Realty, LLC I am very excited!! Selling homes since 2002, I felt a strong desire to start up my new company and continue assisting New Home Buyers, Veterans, people relocating to Tampa Bay Florida and investors in purchasing homes at terrific prices.  Bank owned homes, shortsales, Builder Inventory are all terrific ways to get a home at a wonderful price.  It's a terrific time to be a buyer!! The Congress and The Senate approved an extension of the up to $8,000 tax credit for new home buyers.  Just this morning President Obama signed H.R. 3548, enacting into law an extension, and adjustment, of the $8,000 tax credit for first-time buyers. Among other things, the extension adds money for certain move-up buyers; creates one deadline for signi...
Comments 0
By Pam Joffe
(Solaris Realty)
Bahia Acres is located in the Land O Lakes community which has become a favorite area for families who wish to enjoy a little bit of the country life and open space. The homes are on the north side of Land O Lakes, west of I-75.  A short commute takes you to Tampa and all the amenities there. Bring your horses to Bahia Acres of Land O Lakes. This subdivision is an area of homes on acreage. These make great homes with a  location for work or play. Come here to get away from the crowd and enjoy the country life, yet be a short drive to shopping, dining or park areas. You will love  the way of life in Bahia Acres, it offers convenient access to beautiful Gulf beaches, golf courses, restaurants, medical facilities, amusement parks, shopping, downtown Tampa and more. That's why the community...
Comments 0
Florida Estates Winery hosting its Wine Festival on Halloween afternoon. Florida Estates Winery, located 4 miles west of I-75 on State Road 52 near Land O’Lakes, hosts Wine Tasting and Market Events, 10 a.m. - 3 p.m. These free events include a variety of fresh produce, breads, cheeses, sauces, pickles, smoked seafood, kettle corn, BBQ sandwiches, food samples, plants, homemade crafts, live music, and an opportunity to sample the Winery’s offerings. What a wonderful way to prepare for Halloween than enjoying some great Adult fun at Florida Estates Winery. Sample the cuisine, taste a wide assortment of wine, and than you can sign up for their Wine Tasting Classes, next one is on November 21st, 2009 from 2:00 pm - 5:00 pm. You will gain wonderful insights into wine tasting with the presen...
Comments 0
By Pam Joffe
(Solaris Realty)
Now is the time to get a beautiful lot in Rose Pointe of Connerton. Rose Pointe is an exclusive section in Connerton that is gated. The lots are beautiful, many on waterfront or conservation areas. Right now there is no upgrade fee to have a waterfront or conservation area. This offer is time limited, so call us today to come pick out your premium lot. The community is a town within itself complete with parks, a lavish  pool, beautiful ponds the socially-active clubhouse, tennis courts, playgrounds and much more. Connerton and Land O Lakes is bursting with natural beauty and resources including numerous lakes and hosts an array of outdoor sports and recreational activities including boating, canoeing, sailing and much more. The contents of this posting are the property of Pam Mabe and  ...
Comments 0
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
Housing Starts Rise In 8 Months Out Of 9 This Year Housing Starts on single-family homes gained last month, marking the 8th time that's happened this year.A "Housing Start" is a home for which the foundation has been excavated and, considered alongside other key market metrics, September data suggests that the housing market stabilization is complete.Momentum in housing is overwhelmingly positive: Homes under contract are soaring National home supplies are way down Home values are up in a lot of markets Despite the positive news, the press is calling September's Housing Starts data a "bummer". Citing a drop in monthly building permits, the media purports that housing will slow in the months ahead. The conclusion may be right, but the rationale may be wrong. The probable cause for fewer ...
Comments 2
By Pam Joffe
(Solaris Realty)
The Federal tax credit of up to $8000 is available for those who qualify. One of the criteria is to close on a home that will be your principal residence by November 30, 2008. We can help you find that home. Standard Pacific has several that will be completed in Asbel Creek and ready to close in time. The prices are in the low $200,000's. Call us today to find out more about the homes available.   Solaris Realty of TampaBay. Pam Mabe is a broker working in the Tampa area helping buyers and sellers buy and sell homes.  Contact Pam at 813-245-0316 to list your property for sale or to purchase a property in Hillsborough, Pinellas or Pasco County area. Information is provided in this blog with the intent to educate homeowners and buyers about Tampa, St. Petersburg, Clearwater, Brandon, Wesl...
Comments 0
By Pam Joffe
(Solaris Realty)
The Groves is an active adult community. The community has a lot of different type of physical activities for its residents. Ithas an 18 hole, par 65 golf course. It also has tennis courts, beautiful conservation trails for its residents to walk on where they can see all kinds of wildlife, swimming and a fitness room. After all the exercise the residents can relax at Smiles Cafe where there is a great food and a full service bar. The 15,000 foot clubhouse has a ball room and stage. The Groves also has a lot of other social activities for its residents. They are: Bible Study Bingo Birding Bocce Ball Book Club Bowling Cards - Bridge, Canasta, Mahjongg, Pinochle, Poker Ceramics Craft Club Décor Art Fitnes Golf - Men, Women, Couples, Pizza Garden Club Help Neighbor Karaoke Line Dancing Oil ...
Comments 0
By Pam Joffe
(Solaris Realty)
Arthur Rutenberg has two spectacular homes available for purchase now. One is a totally furnished model home!  This beautiful 4 bedroom, 3.5 bath, 3 car garage  home sits on a lovely lake front lot. Enjoy breathtaking views from your screened lanai with its upgraded pool/heated spa.  The luxurious home is loaded with upgrades.  The other spectacular home is the Arthur Rutenberg "Capri" model.  This popular floor plan features 4 BR, 4 1/2 BA + den+ bonus room + pool/spa, is on a conservation homesite. The home is also loaded with lots of upgrades.     These wonderful home are located in the prestigious gated community of Sunset Lakes, an exclusive lakefront community conveniently located to everything in Tampa.  The community offers spacious homesites and amenities for your Florida lifes...
Comments 0
By Pam Joffe
(Solaris Realty)
Ballantrae welds together a residential community, wetland preserves and conservation areas. Residents can enjoy nature in the preserves, conservation area or at the 33 acre lake. The lake provides a wonderful spot for families to spend time together fishing or just relaxing. Bellantrae also has parks and bike trails throughtout the community. For the more active, basketball, tennis and volleyball courts are available. And of course, the community has a swiming pool and a bathhouse. For children there is a tot lot. M/I Homes is one of the builders in Ayrshire at Ballantrae. M/I Homes is building single family homes from 1313 to 3599 square feet. The prices start in the $190's. Ballantrae is located 1.5 miles from the Suncoast Parkway so it is quick commute to downtown Tampa, Tampa Inter...
Comments 0
By Pam Joffe
(Solaris Realty)
Lake Talia is a beautiful gated community in Land O Lakes. Many of the homes back up to conservation areas or the lake. You will love this community with no CDDs and a small HOA. The community has a park for its residents to enjoy. Lennar Homes are currently building homes in Lake Talia. There homes are 2700 to 3700 square feet with prices starting in the high $200,000's. The homes are on a minimun of a 75 foot lot line. Near by schools are Sanders Memorial Elementary, Pine View Middle, and Land O Lakes High. Lake Talia is located just minutes from US Hwy 41 and the Suncoast Parkway, so it is about a 30 minute commute to Downtown Tampa, Tampa International Airport, Ybor City, Clearwater and St. Pete. The beaches are also nearby. Call us today to se homes in Lake Talia. You will love  pe...
Comments 0
By Pam Joffe
(Solaris Realty)
Connerton is a master-planed comunity with a family-friendly and environmentally conscious design. Connerton has around 8700 homesites. Connerton is over 4,800 acres and will not only have residental but also have an acute care facility, Arbor Square a retail center with Publix supermarket and recreational facilities. Schools near Connerton areSanders Memorial Elementary School, Pine View Middle School, and Land O'Lakes High School. Connerton is heavy on amenities including  an aquatic playground, fitness center, tennis courts, three neighborhod parks, clubhouse, nd an outdoor amphitheatre. Connerton has an extensive trail system containing boardwalks that wind though the nature preserves, including the 3000 acre Conner Preserve. The builders in Connerton are Arthur Rutenberg Homes, Cos...
Comments 1
By Pam Joffe
(Solaris Realty)
Dupree Lakes of Land O Lakes is a wonderful community offering 669 home sites nestled amongst a beautiful conservation area being built by Beazer Homes. Prices begin in the mid $100,000's. The community has lots of amenties for the resident's enjoyment. The amenities include a clubhouse, resort-style swimming pool, soccer field, basketball courts, tennis courts, walking trails and more! It is off of US Hwy 41 and Ehren Cutoff. Dupree Lakes is close to the Suncoast Parkway making an easy commute to Tampa, Largo, Oldsmar, Clearwater and Tarpon Springs. Call today to see Dupree Lakes of Land O Lakes. Dupree Lakes provides a peaceful way of life tucked away just minutes from everyday conveniences, yet miles from ordinary life. The hustle and bustle of ordinary life is left outside the commu...
Comments 0
By Pam Joffe
(Solaris Realty)
Land O Lake's Oakstead (edit/delete) Oakstead has maintenance free villas and single family homes in secure gated villages. Oakstead  has lots of great amenities: 3,000 square foot clubhouse, community pool, fitness/weight room, basketball, tennis and volleyball courts, baseball diamond, soccer field, playground and nature trail.  Oakstead has a unique elementary after school program for children in the community.  There is a full-time parks and recreation director and staff.    Oakstead is a master planned community that offers residents 852 acres of forested wetlands, upland preserves and open spaces.  Lower property taxes, reclaimed water and natural gas are a few of the features residents love about Oakstead. Oakstead is wonderful community with meandering miles of trails for biking...
Comments 0