Hot Property

Tropical Storm Fay leaves mold problems for Floridians

UF expert: Tropical storm Fay leaves mold worries behind.  If you need assistance with mold issues here in the Tampa Bay area, please contact Team Sumberg for more information.  info@TeamSumberg.com GAINESVILLE, Fla. – Sept. 29, 2008 – You can’t tell a storm’s spit by its punch, the old maxim goes. Florida is used to stronger [...]

$541 Million in Federal Housing funds heading to Florida

Sept. 29, 2008 – The state of Florida will receive $541 million in new federal foreclosure funds to prevent further home loan defaults and combat the effects of blight caused by the growing tide of abandoned properties, U.S. Housing and Urban Development Secretary Steve Preston announced Friday.  Team Sumberg is involved in local affordable housing [...]

Home Mortgage Rates Up Sharply This Week

30-year mortgages jump after 5 weeks of declines.  Check with Team Sumberg for details or Tampa Bay home mortgage information.  Info@TeamSumberg.com Here’s a synopsis of mortgage rate experts polled by Bankrate.com this week: They don’t know what’s going to happen over the next 30 to 45 days. While 47 percent predict an increase, 40 percent [...]

Offshore Oil Drilling Ban Soon To Be History.

With our large amount of Florida Coastline, Team Sumberg has been paying close attention to the offshore drilling debate.  Our beaches here in the Tampa Bay area are one of our most prized resources and we want to make sure that no harm comes to them.  WASHINGTON – Sept. 25, 2008 – The House of [...]

Thrifty Solutions for that Outdated Kitchen

If a cramped, old kitchen is turning off buyers, follow the lead of these home owners and turn a liability into a showplace. Excerpt from an article written by Sarah Shideler. In the eight years that we’ve operated our design and building business, WMS Construction in Marin County, Calif., my husband, Bill Shideler, and I [...]

Shortsales, Closings and Doc Stamps in Florida

Team Sumberg just received this update that addresses the questions regarding Documentary Stamps on Short Sales in Florida.  You are welcome to contact us with questions or for a copy of the TAA. info@TeamSumberg.com The Florida Department of Revenue (DOR) issued a ruling late yesterday stating that doc stamp taxes owed on a short sale [...]

How Mortgage Rates are Affected by the Financial Meltdown

The meltdown in the financial and housing markets continues to create good news/bad news scenarios for consumers who either already own their own home or would like to buy one. Team Sumberg follows mortgage issues here in the Tampa Bay Area closely.  Here’s how areas of the market are affected: Fixed-rate mortgages: Interest rates on [...]

Foreclosure Prevention Act – $4 billion playing in a town near you.

WASHINGTON – Sept. 17, 2008 – The Foreclosure Prevention Act, which passed in July, allocates $4 billion to cities and states that have been hardest hit by the surge in foreclosures over the last year. Recipients will be able to use the money – which is an addition to the usual funding for the Community [...]

Habitat For Humanity Blitz Build in Tampa

It is my pleasure to announce that Team Sumberg, Keller Williams Realty,  and the Greater Tampa Bay Area Realtors (GTAR) will be participating in a Blitz Build with Habitat for Humanity in October. The Affordable Housing Committee will be providing breakfast on Sunday, October 12 for the crews. You do not need to be an [...]

AARP Study shows effect of loan crisis on 50-plus crowd

Here in Tampa Bay, we have a large retired population.  Team Sumberg represents many of these folks and we try to keep up with the financial issues that are unique to this segment of our local population.  In a study challenging the perception that older Americans have been left out of the current real estate crisis because [...]