Tampa Military Relocation

We have worked with hundreds of military families relocating to MacDill Air Force Base and are specialists in providing military families with our free buyer’s service to help find military personal off base housing. We can make your military relocation a smooth process whether you are planning to rent or to buy or if you need to rent out your current home due to a PCS move.

We work with the best VA lenders to help you qualify for a VA loan through your VA eligibility. Since we have sold many new homes we have a great rapport with all the Tampa builders and will negotiate a great deal when you are purchasing a new home.

If you are looking to rent prior to buying we can help you locate short term or temporary rentals within close proximity to MacDill Air Force base. Begin your Tampa home search here. To best be able to assist you in your relocation please fill out the form below and we will have one of professional REALTORS contact you to discuss your moving needs. You may also contact us directly at 813-803-2575

A Home In Orlando – A Nest Egg That Will Never Be Empty!

Guest Blog Post by Mary Aldoseri

A Home In Orlando – A Nest Egg That Will Never Be Empty!

Orlando is one of the world’s leading travel destinations. More than 50-million people visit Orlando every year (www.orlandotouristinformationbureau.com), to relish in  the many attractions, beaches, and events that make Orlando a great place to visit and live.  To boot, current market trends make buying in Orlando even more seductive, a recent report by Winkworth International has tipped Florida as a hot spot for bargain property in 2010. Sean Snaith, economics professor and forecaster for the University of Central Florida in Orlando, stated  in the report,  that 2010 will be an opportunistic time for international buyers looking at  Florida  due to,

l  Imbalance of supply and demand

l  Large inventory

l  Pricing power

l  Continuing weakness of the dollar when compared to other currencies.

That’s tempting knowledge if,

  1. You intend to own a  home in Orlando as a  second port
  2. You would like to combine using your property as a holiday home and leasing it to others.

However knowing that the geographic location and the favourable market conditions are HOT for buying a home in Orlando,  is not enough, lets quickly touch base on the 4 essential facts needed to make sure any property purchases you make are the best for your needs and finances. US property legislation is completely different from others countries and in fact varies from state to state!

Choose Buyer Representation!

Until recently in the US, real estate agents always represented the seller, not the buyer, in real estate transactions. By law, the agent was always required to get the highest price and best terms possible – for the seller!  More than one million people in the USA are licensed to sell real estate. Of those licenses, very few are Buyer Representatives.  Licensing laws in virtually every state are now being reformed to enable and encourage representation for the buyer. Sellers list their homes with real estate agents to ensure professional representation throughout the home selling process. As a buyer, you deserve the same kind of service when buying your home in Orlando! Continue reading “A Home In Orlando – A Nest Egg That Will Never Be Empty!”

There is no Short in Short Sale

With foreclosures hitting record highs all over the country, many homeowners facing losing their home are taking a more proactive route and trying to sell the property before losing it to the bank. Because prices have fallen in most markets, these homeowners aren’t able to sell their home for more then they owe. So in order to sell the property, they must get permission from the bank or company that owns their loan first. This process is called a short sale.

Now, it seems like a great idea. However there are quite a few catches. As I stated, a homeowner can’t simply decide to list their home for less then they owe the bank. Unfortunately, this does happen. Usually the person trying to buy the property doesn’t find out this information right away either. I have heard some horror stories of buyers finding out months later that the home they are trying to buy isn’t actually for sale at that price. Sometimes even the homeowner themselves are a victim (finding out later that their agent didn’t explain all of the details to them).

Another thing to remember about short sales is that the house could go into foreclosure, especially if the escrow takes too long. The mortgage lender could decide to change their mind and complete foreclosure proceedings and list the house on the market again as a bank owned property. The homeowner may decide to file bankruptcy and try to save their home through the court system. Of course, these are worse case scenarios. Short sales also face the same issues as regular sales as well, like passing a home inspection (unless you are paying cash, but you SHOULD have an inspection regarless), etc.

Even when everything is done correctly, a short sale listing can take months to close escrow. Some banks are so bombarded with foreclosures and homes going into default that they may take months to give their approval. Quite often banks don’t have any internal system set up to deal with so many properties going into default. You’re more likely to run into this problem in hard hit areas like the Las Vegas real estate market, the Phoenix real estate market, Tampa real estate market and many other parts of Florida. Purchase contracts seeking bank approval may sit for days or even weeks before someone get around to looking at it. And it gets even worse. If there is more than one mortgage holder on the property, each mortgage lender has to sign off on the sale causing further delay.

This article isn’t meant to scare you away from short sales, but to fully disclose how much they differ from other listings. You can get some amazing deals buying a short sale property, but you must be prepared to wait and possibly not get it. If you are buying a property you intend to live in, you might want to reconsider looking at short sales, especially if you are under a time constraint. Even if you are an investor, you might not want to possibly tie up funds in a purchase contract with so many other properties on the market.

ABOUT THE AUTHOR:

Charles Richey is a blogger and real estate investor in Las Vegas, Nevada. He is also the webmaster for his wife’s website who is a Las Vegas real estate agent with Realty One Group. Together they also author a blog about the Las Vegas real estate market.

A Boomer in Florida Real Estate

Guest Post by David Taylor

As one of the first of the Baby Boomer’s and having come to Florida in the last 5 years. I feel that I can give you an informed look at Florida and retirement living in the Sunshine State. I am living in SE Florida in a condo on the beach. What a change from the mid west and I love it. The first thing that I will tell you is that if you decide to retire to Florida, living on the beach is absolutely the best and a must in my opinion as it tends to be several degree’s cooler than inland.. Waking up to the sunrise over the ocean and going to bed watching the full moon rising over the silvery sea is spectacular and breath taking. Everyone always told me take Florida is to hot and muggy but I have found it much to my liking as it is never as hot or cold as it can get up north. There is always sea breeze every day cooling you off, the crystal clear water is wonderful for swimming and snorkeling. I hardly ever see a insect as the breeze sweeps everything inland and leaves the beach’s free for long walks without bother. You never know what you will see in or on the ocean, whether it be a beautiful yacht or a large ray , manatee , fish and then the bathing beauties to to distract you for a while. Continue reading “A Boomer in Florida Real Estate”

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