Dec 10, 2008

Government will buy foreclosures

The Neighborhood Stabilization Program provides State and local governments with a source of funding to help them respond to rising foreclosures and declining property values.

How is the money to be spent?
  • Buying foreclosed homes
  • Buying land and property
  • Demolishing or rehabilitating abandoned properties
  • Offering downpayment and closing cost assistance to low- to moderate-income homebuyers
  • Creating "land banks" to assemble, temporarily manage, and dispose of vacant land for the purpose of stabilizing neighborhoods and encouraging re-use or redevelopment of property

Local cities and counties receiving money are:

  • Deltona $6.6 million
  • Kissimmee $2.3 million
  • Orange County $27.9 million
  • Orlando $6.7 million
  • Seminole County $7.0 million
  • Volusia county $5.2 million


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Dec 9, 2008

Orlando can be your hometown too

The following is a video created by the Metro Orlando Economic Development Commission titled Orlando - My Hometown.




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Dec 7, 2008

Where are Orlando mortgage foreclosure sales held?

Where do you go to bid on Orlando and Orange County mortgage foreclosure sales? The following information is from myorangeclerk.com.

Mortgage foreclosure sales are held on Tuesday, Wednesday, Thursday, and Friday of every week. The sales are held in Room 350 of the Orange County Courthouse, located at 425 North Orange Avenue, Orlando, Florida 32801. For sale cancellations and title information, call 407-836-2278.

You can also go here to search for all homes for sale in Central Florida.


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Dec 6, 2008

Holiday property for sale

Many who search for Florida real estate are searching for holiday property for sale. Holiday or vacation property can be found throughout Central Florida including the Orlando and Kissimmee area. Right now there are over 2500 holiday property listings for sale.

Google Trends report the top searchers for holiday property as being from Ireland, United Kingdom, Australia and of course the United States.

Contact me for a free report regarding holiday property for sale.

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Dec 5, 2008

Casselberry dog walk and animal parade

Secret Lake Park in Casselberry is hosting Paws for a Cause.

Sunday, December 7, 2008 11:00 AM—3:00 PM

Secret Lake Park
200 N. Triplet Lake Drive
Casselberry, FL 32707

PawsForACause@cfl.rr.com


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Altamonte Springs traditional holiday lighting of Cranes Roost Park

Traditional lighting of Cranes Roost Park in Altamonte Springs will be Saturday, December 6 -5:00 pm - 9:00 pm - Eddie Rose Amphitheater. You can visit the Altamonte Springs event page for more information.


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From the White House to a red brick house, President Bush buys a home

The Dallas Morning News reported on the home President Bush has purchased in the Dallas neighborhood of Preston Hollow.

The home is reported as being 8,500 square feet and sitting on 1.1 acres. Had President Bush decided to buy a home in Central Florida, he would have been able to select from 28 homes with similar living space and land size.

The homes President Bush could have viewed here in Central Florida have list prices starting just over $1 million up to over $9 million.

Visit my free home search page to find a home similar to the Presidents in Central Florida.


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Dec 3, 2008

Mortgage fraud continues in 2008

Amazingly mortgage fraud not only continues but increased during the second quarter of 2008 according to a report conducted by Mortgage Asset Research Institute (MARISM). Sadly, Florida led the way.


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How important is curb appeal?

Search for a home

With thousands of homes for sale in Florida, home sellers are only going to get one chance to make a good first impression. Curb appeal is the first chance a seller's home has to make a good impression. What is curb appeal? It might be described as what the buyer first sees when they pull up in front of a home. How the home appears from the driveway or curb will often get the buyer excited about seeing the inside of the home or if the home lacks curb appeal it might cause the buyer to immediately lose interest in the home.

What can a seller do to make sure their home has great curb appeal?
  • Make sure you move the broken down vehicles off the front yard. OK, that is an extreme example but the point is you should make sure your lawn is tidy and well manicured.
  • Become an artist. Even if you can't draw a stick figure you should be able to paint the house where needed.
  • Doors and windows. Close the garage door, replace the cracked glass, fix the broken hinges or torn screens.

Unless your home is a fixer upper and priced accordingly, you need to make sure your home shows as well as it possibly can and that starts with the curb appeal.


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Dec 1, 2008

Governor Crist announces an agreement that will allow many Floridians to be home for the holidays.

Press Release:

"Governor Charlie Crist joined representatives of the banking and mortgage lending industry to announce a voluntary agreement to provide foreclosure relief to Florida homestead property owners for the next 45 days. Governor Crist encouraged lenders to continue their efforts to actively negotiate with struggling homeowners during the coming months to help people stay in their homes."

This act may temporarily ease the stress of some homeowners who were facing the possibility of losing their home during the holiday season. Any long term benefit might only be realized if the lenders involved follow Governor Crist's encouragement to negotiate with distressed homeowners in an effort to keep them in their homes.

If he keeps one child in their home for Christmas, can that be bad?


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