Weekly Mortgage Summary – Panama City Florida real estate
The latest edition of the Panama City Mortgage Summary has been posted and available for download at your convenience.
As we enter the summer season, I am noticing a significant increase in condo sales and vacation home requests for the Panama City and Panama City Beach Florida area. This shows our local real estate market is beginning to stabilize.
As mortgage rates are maintaining below a 5% average now is great time to buy that Florida vacation condo or home you’ve always wanted.
Top 50 tips for moving into a new home or apartment
Having moved many times over the course of my years as well as being a top producing real estate agent, I’ve gained some valuable tips and techniques that I pass on to my customers.
Here are my top 50 tips for moving into a new home or apartment:
- Create an outline for listing moving tasks including purchases you need to make
- Boxes – You can never have too many boxes. Plastic, cardboard whatever.
- Obtain plenty of packing material – newspaper, bubble wrap etc.
- Obtain plenty of tape for sealing boxes.
Panama City real estate – Lease to own, an option?
As our economy and budgets get tighter almost daily, many of my customers are looking for alternative ways of purchasing a home such as real estate auctions.
One other such alternative is becoming more common – Lease to own or Lease Option.
It is in keeping with my commitment to my customers to provide them the most complete and advanced real estate information and services available that I am pleased to present my latest real estate article – Lease to own.
If you’re a cash or credit challenged potential home buyer, a lease-to-own agreement may be an option of buying a home and accumulating a down payment.
Panama City Real Estate – First time home buyers tax credit
If you are first time home buyer, this may be of special interest to you.
On July 30, 2008 President Bush signed housing bill H.R. 3221 into law.
What this bill is:
Basically, this bill provides a temporary “tax credit” for first time home buyers. Please note that this “tax credit” is unlike most other “tax credits” and must be payed back over 15 years with interest.
Please confirm all tax changes and eligibility requirements with a qualified tax professional prior to making any tax related purchases.
How much credit is available:
Good news for Panama City Real Estate First time home buyers…
Per an article published by FAR (FLORIDA ASSOCIATION OF REALTORS®):
New law gives first-time buyers $7,500 tax credit…
Tell first-time homebuyers it’s time to commit: A provision of the recently-passed federal housing recovery bill gives first-time buyers an interest-free loan of up to $7,500 in the form of an income tax credit.
The credit equals 10 percent of a home’s cost up to $7,500, and applies to any single-family residence (including condos and co-ops) to be used as a buyer’s principal residence.
Other news
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Daily real estate news- Mortgage Volume Falls Despite Favorable Rates
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- Fed To Stop Buying MBS
- Midsize Cities Draw Immigrants
- Sam Zell: Recovery Is Underway
- Tips for Boomers: Benefits of Downsizing
- Analysts Say Rates Should Remain Low
- Housing Market Still Healthy in Canada
- BoA Reports Rising Loan Modifications
- Home Builder Sentiment Slips
- Real Estate industry Watch
- No tilt; no fall real estate signsThis blog post is an informative blog post for people who purchase their own real estate signs; other’s need not read any further. For years, Worthington Realty have put up with under engineered, cheaply made real estate signs. Looking high and low, nothing was on the market which needed to meet the following requirements. 1) Guaranteed [...] […]
- NAR Encourages Slow approach to FHA changesThe National Association of Realtors® urged Congress and the administration to move cautiously before making changes to the Federal Housing Administration program that has served the needs of millions of American families for more than 75 years without needing a federal appropriation. FHA remains financially strong because it has taken steps to ensure solid […]
- NAR and Docusign announce new platformThe National Association of Realtors® announced today the release of the DocuSign REALTOR® Edition, an exclusive online eSignature service designed specifically for Realtors®. NAR and DocuSign formed a business alliance late last year through the REALTOR Benefits® Program. According to NAR, REALTORS will receive a 20 percent savings on DocuSign Basic and Doc […]
- RE/MAX Utilizes Roku IPTV to Replace Satellite NetworkRE/MAX recently rolled out RE/MAX University’s new training platform. It utilizes IPTV (Internet based TV) as opposed to Satellite as a delivery vehicle. This move is expected to accomplish two major objectives: 1) By moving to an IP based system, affilliates can access training on demand via their TV. This is a simple to use platform [...] […]
- HomeGain completes survey on Agent marketing preferencesHomeGain recently published their survey of the Top Ten Marketing Strategies for Real Estate Agents. This survey was conducted December 2009 through February 2010 and measured what marketing channels agents are currently using in marketing and what they intend to use in 2010. This provided some interesting results. “While Realtors are increasingly moving the […]
- No tilt; no fall real estate signs
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