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Florida Homes Mag Blog

Posts Tagged ‘Real Estate’

Getting Sound Appraisals in the Era of HVCC

Friday, August 27th, 2010

SARASOTA, FL – Realtors, homebuyers and homesellers who are losing real estate deals because of low-ball appraisals from out-of-town appraisal management companies will benefit from a series of appraisal seminars scheduled in September. Sponsored by HomeBanc, “Appraisals 2010” will educate participants on how to secure sound appraisals in the era of the Home Valuation Code of Conduct (HVCC). The seminar will also benefit homeowners who wish to refinance.

 Effective May 1, 2009, HVCC compliance is required for any loan backed by Fannie Mae or Freddie Mac. “HVCC standards were intended to assure appraiser independence and prevent pressure on appraisers to produce a desired property value,” explains CJ Coury, Vice President and Mortgage Branch Manager for HomeBanc. “However, the cure has been worse than the disease. Many appraisal management companies just don’t know the local market.” People mistakenly believe that HVCC requires you to use an appraisal management company, but that is a recommendation, not a requirement, says Coury. “This seminar will show you how you can still secure accurate appraisals while maintaining HVCC compliance.”

 The panel of presenters includes Craig DiCecco, SRA, of Futurehome Appraisal Services Inc., Kevin Goodale of Atlas Appraisals LLC, Howard Greber, SRA, CRB, of Greber Appraisal Services Inc. and Mary Patterson, SRA, of Patterson Appraisal Group Inc.

 The seminars will be held at three different venues from 8:30 to 11 am. The attendance fee is to cover the breakfast.

Tuesday, Sept. 7 :     Longboat Key Club – John Ringling Room, 301 Gulf of Mexico Drive, Longboat Key

Presenters: DiCecco, Goodale, Greber, Patterson / $15 per person

Wednesday, Sept 8:   Boca Royale Golf & Country Club – 1601 Englewood Road, Englewood

Presenters: DiCecco, Goodale, Patterson / $6 per person

Thursday, Sept. 9:       Holiday Inn Lakewood Ranch – 6231 Lake Osprey Drive, Lakewood Ranch

Presenters: DiCecco, Goodale, Greber, Patterson /$10 per person

C. J. Coury

 

 To register for the seminar, call C.J. Coury at (941) 730-2444 or email CJ.Coury@HomeBanc.com.

HomeBanc N.A. is located at 6230 University Parkway, Suite 101, Sarasota, FL 34240. Telephone: (941) 806-1140. Website: www.homebanc.com.

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Seminar Panel of Appraisal Experts

To schedule an interview with the seminar sponsor or presenters, please contact Sheila Longo at (941) 355-3006 or sheila@thomasbrannan.com. 

February Short Sales and Long Shots

Saturday, February 6th, 2010

Short sales have been around for many years but only recently have they become a topic of conversation suitable for cocktail parties and sporting events. A short sale transaction occurs when a mortgage lender, (and sometimes other junior lien holders), agree to release their lien on a property for less money than the sum that is owed to pay the debt in full. A borrower is not necessarily released (more…)

Naples Home Sells Today For $16.7 Million

Thursday, January 7th, 2010

Gulf Coast InternationalGulf Coast International Properties is proud to announce today the sale of 4200 Gordon Drive for $16.7 million. Representing the buyers, this majestic Gulf of Mexico beachfront estate in Port Royal stands as one of the finest properties in all of Naples. Constructed in 2002 by one of Florida’s premier luxury home builders, Newbury North Associates, this Mediterranean-style estate consists of more than 12,000 square feet of elegant living with the finest in home amenities. This is the largest home re-sale in Port Royal in almost 3 years. For more information, please contact Kathy Lee Funnell at Gulf Coast International Properties at 239.434.2558 (more…)

Signet Court @ The Founders Club

Saturday, January 2nd, 2010

Janis Collier | Michael Saunders & CompanyRarely do you see a home of such high quality and with an extraordinary attention to even the slightest detail. Nestled on an immensely breathtaking lot with towering old oaks and an abundance of native Florida foliage. Enjoy spectacular Florida sunsets to the West from the gazebo or from the expansive caged lanai with fireplace, summer kitchen and fabulous pool/spa with a “beach entry”, perfect for lounging or playing! The 5,459 Sq Ft home boasts 4 bedrooms, a library with custom wood floor-to-ceiling shelving, natural stone floors, 16′ ceilings, granite counter tops with oversized bar and amazing storage. Enjoy the upstairs media room/bonus room with custom (more…)

Brisk Florida Home Sales Offer Encouragement

Monday, November 23rd, 2009

Home SalesPending home sales in Sarasota have continued to post very impressive numbers, exceeding the 800 level for 8 of the last 10 months. The Median pricing for condos hit $220,000, a 35 percent increase over September of this year. Homes sales rose a whole 36 percent over October of 08, in what is normally a very slow period, in the Sarasota housing market. These statistics have the local industry leaders encouraged about the upcoming season and the first quarter of 2010. According to Florida’s Sarasota Association of Realtors, foreclosures and short sales accounted for just under 50 percent of October home sales (more…)

Home Sales in Sarasota Grow at Strong Pace

Tuesday, November 17th, 2009

Prudential Palms Realty | SarasotaStrong property sales in the Sarasota market in October 2009 continued to provide ample evidence of a market in recovery, with overall Sarasota home sales nearly 36 percent higher than October 2008. Total sales stood at 574 in October, compared to 364 total sales in October 2008. The breakdown was 419 single family homes and 155 condos sold last month. The upward trend during the traditionally slower season could be a prelude to a busy fall and winter for local Realtors®. The overall economic recovery from a two-year recession appears to be the primary reason behind the (more…)

Improved Market Momentum with Buyer Credit Extension

Saturday, November 14th, 2009

Buyer Credit ExtensionNasty northern weather, early in the autumn season, and improved consumer confidence have the potential to provide greatly needed tourist revenue for Florida’s Southwest Coast, with many of the snowbirds on the hunt for a second home in Sarasota, Naples, Fort Myers, Tampa and Port Charlotte. Our seasonal residents have arrived early and in greater numbers than in 2008. Whether previously priced out of the home market, or waiting for the infamous bottom, their selections and pricing in first-rate Gulf Coast real estate could not be better. Investors, along with buyers from Canada and Europe are converging in our region to take advantage of the never (more…)

Good Housing News Predicted

Tuesday, October 20th, 2009

Good Housing NewsAll the leading indicators say housing is definitely on the mend, economists reported in advance of the official release of several pieces of good news expected this week. Bloomberg News surveyed 53 economists and asked them where they expected the numbers to fall. Here are their predictions:

  • Construction starts in September are expected to hit a 610,000 annual rate, the most since last November.
  • Sales of existing homes likely rose to a two-year high.
  • Because of fear of a relapse, the Federal Reserve is predicted (more…)

Neal Communities To Host A Bark In The Park

Tuesday, October 13th, 2009

A Bark in the Park - Neal Communities(Lakewood Ranch, FL)… Neal Communities is hosting a canine celebration in its new River Sound Community on Sunday, November 1 from 12 noon to 2 p.m. The event takes place in The Canine Commons dog park in the center of the neighborhood. There will be doggie demonstrations, games for children, food, displays and wonderful small dogs available for adoption. Neal Communities is providing hot dogs and chips. Families and friendly dogs are (more…)

Europeans Again Interested in Florida Homes

Saturday, October 10th, 2009

Low prices, good service and a lot of sunshine recently led Susanne Solling, a Norwegian, to buy a three-bedroom home in Palm Bay, Florida, midway between Jacksonville and Miami. She paid $165,000, plus $70,000 more for furniture and a pool. She said she could not be more thrilled with her investment. “Florida is a wonderful place with lots of sun and nice, relaxed people,” said (more…)

 
 


 

 

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