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Short Sales in Central Florida
09 January 09 02:16 PM | Lee Rosa | (Comments Off)   
Did you know? From January 2004 - January 2006 - 27% of homes purchased had less than 5% as a down payment… 19% with 0% down! 31% of all mortgages issued were to consumers that utilized some sort of alternative lending program. Benefits of Short Read More...
11 Reasons to List During the Holidays
06 December 08 10:51 AM | Lee Rosa | (Comments Off)   
People who look for a home during the Holidays are more serious buyers! Serious buyers have fewer houses to choose from during the Holidays and less competitions means more money for you! Since the supply of listings will dramatically increase in January, Read More...
Ben Bernanke's Speech
04 December 08 06:15 PM | Lee Rosa | (Comments Off)   
The Future of Mortgage Finance in the United States I appreciate the opportunity to speak at this symposium. My remarks will focus on the mortgage securitization process, how it has been affected by the financial crisis, and how it may evolve in response Read More...
Great Article on Reverse Mortgages ...
03 November 08 12:43 PM | Lee Rosa | (Comments Off)   
This is from an interesting article I read in Kiplinger Magazine ... Reverse Mortgages Get Better New rules allow seniors to borrow more and even buy a new home. By Mary Beth Franklin , Senior Editor, Kiplinger's Personal Finance October 29, 2008 Read More...
HOUSING RESCUE BILL EFFECTIVE OCTOBER 1, 2008
06 October 08 02:05 PM | Lee Rosa | (Comments Off)   
WHO IS ELIGIBLE FOR THE NEW RESCUE BILL PROGRAM? The US Senate passed a $300 billion housing Rescue Bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac. President Bush signed the bill into Read More...
Financial News From Tally
24 September 08 09:30 AM | Lee Rosa | (Comments Off)   
I am pleased to report that the Florida Department of Revenue has concurred in FAR’s (Florida Association of Realtors) request for a Technical Assistance Advisement on application of documentary stamp tax to “short sales.” Specifically, Read More...
Statistics for Central Florida Real Estate
27 June 08 08:28 AM | Lee Rosa | (Comments Off)   
ORRA Originated Sales May 2007 5.94% 25,463 6,200 2,334 2,611 377 1,446 2,214 1,745* 94* June 2007 6.40% 25,923 5,667 1,853 2,700 404 1,657 2,150 1,524* 98* July 2007 6.50% 26,018 5,404 1,717 2,571 329 1,786 2,206 1,524* 96* August 2007 6.60% 26,313 5,582 Read More...
State of the Housing Market (Harvard Report)
26 June 08 08:08 AM | Lee Rosa | (Comments Off)   
The report has a several key findings including: • Market Declines are Steep and Accelerating • Foreclosures • Homeownership Cycles • New Construction • Demographic Drivers • Rental Housing • Challenges • Income Read More...
The Low Down on GAS PRICES.
21 June 08 08:51 PM | Lee Rosa | (Comments Off)   
Free Home Search - View Every Home in Central Florida that is for Sale. F-R-E-E with NO OBLIGATION. At $120 a barrel, the world's oil bill will account for eight per cent of global economic output, twice what it was in 2006. Robust demand for crude Read More...
That Fannie Mae
20 June 08 09:51 PM | Lee Rosa | (Comments Off)   
Free Orlando Home Search - click here Get the Zipskinny - click here My New Homebuyer Book - Get it Here NEW YORK (CNNMoney.com) — Mortgage financer Fannie Mae warned Tuesday that the tumbling home values and loan defaults that have crippled the Read More...
Watch This Cam to See The Progress of the Magic New Arena
20 June 08 10:16 AM | Lee Rosa | (Comments Off)   
Construction is underway on the site of our new Orlando Events Center. Now you can keep track of the developments by checking out this construction cam pointed at the future home of the center . It looks like the cam is situated somewhere near the top Read More...
Interest Rates On Their Way Up?
16 June 08 02:51 PM | Lee Rosa | (Comments Off)   
June 12, 2008 Are you considering buying a home ? Read this Article - Printed in Last weeks USA TODAY Rates on 30-year mortgages jumped to the highest level in nearly eight months, reflecting increased concerns about what the Federal Reserve might do Read More...
This Proposal will Help Stabilize the Housing Market!!!
12 June 08 10:03 AM | Lee Rosa | (Comments Off)   
BUSH ADMINISTRATION RENEWS EFFORT TO ADDRESS RISKY LOANS ON GOVERNMENT-BACKED MORTGAGES Proposal would help stabilize housing market, protect FHA's financial solvency, and reduce foreclosures WASHINGTON- The Bush Administration today renewed its efforts Read More...
FHA and Mortgage Insurance
02 June 08 01:24 PM | Lee Rosa | (Comments Off)   
The FHA today issued final guidance that will permit its flagship mortgage insurance program to assist more homeowners who are struggling to keep up with their high-cost subprime adjustable rate mortgages. To ensure taxpayers do not assume the cost of Read More...