Hot Property

Florida is Offering Bridge Loans for Down Payment

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 [...]

Florida Has Approved Bridge Loans for $8000 Tax Credit

“the State of Florida has approved funding for “bridge loans” for homebuyers that are eligible for the up to $8,000.00 tax credit.

$8000 Tax Credit for 1st Time Buyer – Facts

Team Sumberg receives questions every day regarding this Tax Credit.  Here are answers to some of our most frequently asked questions.  Eight grand, new buyers: The tax credit is equivalent to 10 percent of the purchase price of the home–although it’s capped at $8,000–and applies only to first-time home buyers and principal residences. But unlike an [...]

Not for the faint of heart, Foreclosures are bringing new opportunities to the market.

Tampa Bay’s value-conscious, first-time buyers have become key to the housing market’s recovery, and they are snapping up priced-right foreclosures despite the warts-and-all, sold-as-is condition of the properties. Half of the sales made in the year’s first quarter were to first-time buyers and almost half of all these sales were distressed properties, the National Association [...]

Are those tough mortgage restrictions going to ease?

It’s too soon to say the financial industry has turned a corner and that tough loan restrictions will ease – but it sure looks that way at the moment. Goldman Sachs announced a surprising $1.66 billion profit in the first quarter of 2009, and it hopes to repay its federal loan sooner rather than later. [...]

How to take Advantage of the $8000 1st Time Home Buyer TAX CREDIT

WASHINGTON – Feb. 17, 2009 – How does a first-time homebuyer take advantage of the $8,000 tax credit that President Obama is expected to sign into law tomorrow? It comes with a few rules. According to the most recent analysis, the following rules will apply – though things could change as tax professionals weigh the [...]

New Down Payment Assistance Grant!

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 [...]