Team Sumberg with Keller Williams Realty would like to share the long awaited guidelines for the bridge loans offered by the The City of Tampa and the State of Florida to help you become a homeowner. For a very short period, funds are available to help you take advantage of a special federal income tax refund [...]
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Hot Property Historic Alafia River – 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!450 feet of ALAFIA RIVER at it's finest For Sale $249,900 
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“the State of Florida has approved funding for “bridge loans” for homebuyers that are eligible for the up to $8,000.00 tax credit. Beginning July 1, 2009 First-Time Homebuyers that qualify for the $8000 tax credit will be able to apply for down payment assistance before closing on their home. FHA recinded this announcement almost right away. We believe they are still working on a way to make this or a similar program happen. Stay tuned for updates. First-time homebuyers will soon have another option if they want to use their $8,000 tax credit toward a downpayment. According to HUD Secretary Shaun Donovan, FHA-approved [...] Team Sumberg with Keller Williams Realty is proud to announce that the Greater Tampa Area Realtors (GTAR) has developed a Homebuyer Grant Program! In tune with the community, Realtors know first-hand that homeownership is sometimes not within reach of many moderate income families. In response, Realtors Care Foundation of GTAR has developed a Home buyers [...] Nov. 12, 2008-U.S. Department of Housing and Urban Development Secretary Steve Preston announced the new Federal Housing Administration (FHA) mortgage loan limits for single-family homes as prescribed by the Housing and Economic Recovery Act of 2008. Beginning January 1, 2009, FHA will insure single-family home mortgages up to $271,050 in low cost areas and up [...] 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 [...] 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 [...] Rent-to-Own Gaining Favor Once Again Rent-to-own options are becoming popular again after falling out of favor during the last couple of decades when mortgages were easy to get. The advantages of rent-to-own to buyers include a way around poor credit, an opportunity to rebuild credit worthiness and a way to try out homeownership without making [...] 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 [...] |
Featured PropertyHistoric Alafia River – 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!450 feet of ALAFIA RIVER at it's finest For Sale $249,900 |
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