Hot Property

9 Green improvements to help sell your home

Selling your home? Realtors pick nine green improvements to close deal  A new poll of nearly 1,000 Realtors offers a glimpse at the top “green” improvements recommended by real estate professionals to help move a sale property off the market. The upgrades – which include planting native greenery, replacing air filters, staging the home with [...]

1 in 20 Americans Plan to Buy a Home Within the next 12 Months

One in 20 Americans say they plan to buy a home within the next year, and they’re most likely to be 34 years old or younger and living in the South or West, according to a survey released Wednesday. Roughly a quarter of potential buyers said the No. 1 reason they would buy now is [...]

Short Sales – Stressful, Frustrating and LONG.

Short sales leave frustration in their wake A couple years ago, few people in the housing market had ever heard of a short sale. Mention the term today and people, whether they are homeowners or real estate agents, just roll their eyes. The practice, which involves selling a property for less than the amount owed [...]

Numbers Add Up – House Price Declines At Bottom And Turning Around

RISMEDIA, September 8, 2009-House prices in the U.S. continued to depreciate in the second quarter 2009 but at a much more moderate rate compared to the fourth quarter 2008, the peak of the collapse in home prices, according to a quarterly housing valuation analysis by IHS Global Insight. Prices fell at a 2.7% annualized rate [...]

Bidding Wars Are Back . . .

Bidding Wars Seen More Frequently Bidding wars are back – at least in some parts of the country where falling prices are pitting investors against homebuyers looking for a good deal.   Reports say that the parts of the country most likely to see warring bids are parts of California and Arizona, Washington D.C., and [...]

Is Your Move a Tax Deduction?

If you have made a move this year, deducting moving expenses may be on your mind. But are all expenses allowable tax deductions? The IRS does allow tax deductions for some of the costs associated with a move to accommodate a job in a new location. There are, however, two tests which must be met [...]

Can Tainted Drywall Halt Your Real Estate Transaction?

Tainted drywall affects real estate: Firms begin to seek legal advice MANATEE COUNTY, Fla. – Feb. 17, 2009 – The presence of defective drywall in some Manatee County homes has heightened awareness about the issue in the real estate world. Buyers, sellers and real estate agents are all asking the same question: Which homes are [...]

6 Tips for Sellers in Today’s Market

Team Sumberg wants to share these tips with you.  While the last tip has always been around, it seems to be more applicable today than ever. Position the house in the right price range. Buyers search by price range. Positioning a property in the middle of the range increases the likelihood people will see it. Have [...]

Seven tips to help you sell your home

While marketing your property to potential buyers and then qualifying interested buyers is part of Team Sumberg’s job, your help is essential to getting that contract.  Here are some thoughts and several specific areas where you can make a difference. In a slower real estate market, sellers cannot afford to ignore any part of the [...]

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 [...]