Historic & Downtown St. Petersburg, Florida Real Estate

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Archive for February, 2010

Published by David Price on 08 Feb 2010

Home For Sale St. Petersburg FL – Historic Downtown St. Pete

Address: 734 Grove St. North , Saint Petersburg, FL 33701

Welcome to the beautiful William L. Rawls House in St. Petersburg FL, one of the 1st homes to be constructed in Historic Round Lake Neighborhood and the only remaining example of an ‘I’ house in St. Petersburg. Built in 1898, this home captured The City of St. Petersburg Preservation Award in 2004 and is beautifully and fully restored. The main home is 1,202 sq.ft. with 3BR/2BA. Renovations and updates include period lighting, granite, interior laundry, security system, restored hardwood floors, crown molding and period tile. The 686 sq.ft. 2BR mother-in-law apartment boasts new electric, roof and plumbing. There is a large deck overlooking a large, landscaped fenced yard. A 2 car garage with additional parking completes this wonderful home. Walk to Crescent Lake, Round Lake and all downtown has to offer. Move-in ready home with an incredible amount of character.

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Published by David Price on 08 Feb 2010

Lifeline needed for underwater homeowners – Is Walking away the only option?

Link To Lifeline Needed For Underwater Homeowners

I’m meeting more and more homeowners who just don’t want to wait for the market value of their homes to catch-up to the price they paid or the mortgage they have. If you’re home has a lot of equity and you’re underwater, maybe you are struggling to make the payments. There is hope, really! Check out making homes affordable to see if you can get help.

If you don’t qualify for this government program try contacting your lender and see if they can assist with a loan modification (CLICK HERE FOR ANSWERS) if don’t get assistance from the lender, DON’T walk away from your home the problems don’t disappear! Infact it will get a lot worse.

Lenders are willing and advising borrowers to short sell their homes because you are helping them save them money. It cost the bank on average $50,000-$80,000 to foreclose on a home. By Short Selling you’re home you are helping the lender solve a problem they have. Both you and the lender have a problem, you can’t afford the house and they are not getting interest paid on the loan. Some lenders are also giving borrowers (the seller) cash at closing to help move. Wells Fargo offered one of my clients $2,500!

Check out a video I did on short sales and why it’s better for you than walking away and facing a foreclosure!
I’m here to help so feel free to call me anytime or shoot me an email.

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Published by David Price on 03 Feb 2010

Indian Rock Beach Fl, waterfront townhome

Moor your sail boat at your door! Gorgeous town home, builder’s own unit with ALL the extras. Wood floors, crown molding, built-ins, granite-WOW factor! Deep water slip allows for yachts or sailboats. Loads of storage + a 2 car side by side garage! French doors open to private balconies overlooking a gorgeous landscaped yard. Perfect for BBQ’s! Enjoy boating in the pristine Gulf waters. Walk 1 block to white sandy beaches, restaurants & shops or relax on your private roof top terrace with endless views of Gulf and Intracoastal. Located on the best beach-Indian Rocks. This is a home worthy of all this fabulous community offers! “Sale is subject to seller’s lender’s approval”.

More Photos Click Here

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Published by David Price on 01 Feb 2010

Fannie to offer closing cost aid on foreclosures

WASHINGTON – Feb. 1, 2010 – Fannie Mae, the largest provider of residential home funding in the United States, announced on Friday that it would start to pay closing costs for buyers of foreclosed homes in its inventory. Buyers of qualified properties will get up to 3.5 percent in closing costs or an equivalent amount for the purchase of new appliances.

Fannie wants to clear out the nearly 50,000 properties it has in inventory – listed on www.HomePath.com, the Web site created by Fannie Mae last year to sell the growing number of foreclosed homes. The offer is available to any owner-occupant who closes on the purchase of a property listed on HomePath.com before May 1, 2010. Applicable properties can be found on HomePath.com, along with property descriptions, photographs, community and school information, and more.

In addition, some Fannie Mae-owned properties are eligible for special HomePath Mortgage and HomePath Renovation Mortgage financing, which offers qualified homebuyers the ability to purchase with as little as 3 percent down.

“Attracting qualified buyers to the market and reducing inventory of vacant homes is critical to stabilizing neighborhoods and helping the market recover,” Terry Edwards, executive vice president for credit portfolio management, said in a statement.

I think this is a great opportunity for any buyer. Check out the homepath website and see what homes are available in your area!

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