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  • Palmetto Bay Community Papers Rewards Readers

     

    A special offer for our readers | Palmetto Bay.

    Community Papers is offering their readers free tickets to upcoming basketball games of University of Miami basketball team.  Tickets are first come, first served, until they run out.  Check it out!

    Spoken by Maggie Dokic | Discussion: No Comments »

    Happy Grasshopper – One Way a Realtor Stays in Touch With Clients

    If you’re one of my clients, or have met me and ended up receiving useful information from me via email, chances are you’re also receiving one of my favorite mailings, HappyGrasshopper emails!

    Happy Grasshopper offers a great way to stay in touch with clients.  Their campaigns consist of an email every 3 weeks sent out to all the people on my list.  I like their emails because they are short, interesting, and always current.  Sometimes they’re inspiring, sometimes funny, always interesting.

    I look forward to reading the new email each time it comes out.  My clients enjoy them too.  I always hear back from several of them each time a new email goes out.

    This is one little critter I don’t mind having around!

    Spoken by Maggie Dokic | Discussion: No Comments »

    Miami Short Sales Now in Reach of Homeowners with Perfect Payment History

    As of November 1st of this year, new guidelines from Fannie Mae and Freddie Mac will allow Miami homeowners experiencing financial hardship to qualify for short sales even if they have never missed a mortgage payment. Previously an unblemished payment history would have disqualified homeowners from the possibility of obtaining a short sale. The need to prove substantial hardship is still required but this change will allow many Miami homeowners to qualify for a short sale that would not have been possible before the new rules took effect.

    In addition to this much needed change officials of the FHFA (Federal Housing Finance Agency) report that they are currently “in discussions with the credit industry” to find ways to preserve the credit rating of those homeowners whom undergo a short sale but also have never missed a mortgage payment in the past.

    Spoken by Ed Lucas | Discussion: No Comments »

    14-Year-Old Girl Buys Short Sale Home!

    Willow Tufano is a very industrious little lady. First she raised $6,000 of her own money by antiquing and selling various items on Craigslist, but that was just the beginning of her investment strategy. Next she asked her mom for permission to invest in 50% of a Florida short sale home! The home was selling for $12,000 but was valued at $100,000 when the real estate market was peaking.

    Sharron Moore, Tufano’s mother is a broker and was herself considering buying the short sale home when her daughter asked if she could purchase half now and the other half later. Mom agreed and now Tufano is saving her half of the rental income on the property as a way to pay for the remaining $6,000 and obtain full ownership of the home. Read the rest of this entry »

    Spoken by Ed Lucas | Discussion: No Comments »

    Miami Short Sale Debt Forgiveness is Short on Time

    Just a friendly reminder folks, there are less than 90 days left to take advantage of the debt forgiveness act for short sale sellers. You’ve probably already heard all about that by now but do you understand how important it is? If you are considering the short sale of your Miami home then you need to act NOW. As of December 31st of this year the act expires and homeowners that decide to take advantage of the short sale of their Miami home may incur substantial tax liabilities that can be avoided if they take action immediately. If your home is experiencing financial stress and you need to sell, now may be your last chance to save substantial money.

    Spoken by Ed Lucas | Discussion: No Comments »

    5 Easy Steps to Buying a Miami Short Sale Home

    If you are serious about finding a good deal on a new Miami home than you already know that short sales are a great option. Whether you are seeking a primary residence or investment property short sales often sell for less than comparable homes in the same area. Here are a few suggestions when buying a short sale home that will make the process a little easier and help you to avoid some of the more common mistakes. Read the rest of this entry »

    Spoken by Ed Lucas | Discussion: No Comments »

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    These articles are not intended to give legal or tax advice, and you should consult your attorney or financial advisor for additional information.

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