Hot Property

30-year mortgages dip to 6.47 percent

Aug. 22, 2008 – Rates on 30-year mortgages fell slightly this week to the lowest level since mid-July.  With Real Estate being our full time jobs, Team Sumberg is watching the costs of residential mortgages closely.  We post weekly rates from Freddie Mac’s mortgage survey here www.TeamSumberg.com Freddie Mac, the government backed mortgage company, reported [...]

Who is responsible for Code Violations while permitting or zoning changes are active?

Responsiorcementbilities have changed in part of the ongoing process of resolving code violations in Hillsborough County.  As you probably know, Team Sumberg members are very active in government with respect to property ownership here in the Tampa Bay area.  As a member of Hillsborough County’s Code Enforcement Board, I am always amazed at the never ending [...]

Bond Programs 101 for 1st Time Home Buyers

What is a Bond Program? The U.S. Congress created tax-exempt bond programs for housing referred to as Mortgage Revenue Bonds (MRB’s).  Congress created MRB’s but Bond Programs are created by state, regional, county or city government agencies that are governed by volunteer boards. The way it works: Bonds are sold to private bond holders (aka [...]