rmasse10's Blog: All Categories

We are all aware of the market as we know it today.  Foreclosures, especially Tampa Foreclosures, are running amuck, with no current end in site!  The investor frenzie of a couple of  years ago has left its mark everywhere.  Investors have these vacant homes now on the market for rent and for sale.  Taking whatever they can, some of them lucky enough to find a renter to put in their property to cut down on the out of pocket expenses.  Herein lies the problem...  The rent they are receiving is not covering their expenses, and who knows if they have more than one property in the same boat.  The rental company is receiving the rent for their investor clients and everyone seems to be happy; do you see where this is going yet? 

These investors are accepting…

There has been a lot of hype lately about Foreclosures, Bank Owned Property, and Short Sales, although Short Sales seems to be a term just used in the South East of the Country.  Anyway, I think buyers are confused about the types of deals available.  Most buyers, and even some agents, that we have come into contact with, think that they can negotiate the closing dates and every other stipulation of the contract.  What needs to be understood is that the Bank or Lender is the final say in this transaction and they really don't care what you write in the contract.  Even though the buyer may make a decent offer, don't expect the lender to react as fast as you demand.  Giving them 24 hours to respond is the same as saying that you are not interested in the…

Ok, I have a problem that I have to get off my back.  Here is the story.  There is an agent in my office who is new to real estate, lets call her Sally.  Sally has a mentor, lets call him Steve.  Steve, for his troubles, gets 14% of Sally's first 4 transactions.  Steve's whole purpose in life as a mentor, is to help Sally setup her business and learn how to do real estate.  Ok, so far so good.  Here is where the problems start and finish.  Sally asks Steve to help her with her website.  Steve is now busy.  Steve says he will call her tomorrow.  No call.  Sally asks again, same deal, no call from Steve.  Now Sally is basically begging Steve for help and is in turn getting angry herself.  Finally, Steve admits that he does not want to help her because if he…

  Thats a good question, a question that I have been asked quite a bit lately and to be frank with you, I ask myself the same question.  The state of Florida never seems to do anything easy and there is a calculation that can be done to figure it out.  You will need first go the the county assessors office to determining what your current taxes are - Hillsborough County Assessors Office.  Ok, now make sure you make special note of your "Just Market" and "Assessed Value".  Now go to this page (Tax Portability Calculator) and put in the values that you noted to calculate what your savings will be.

I hope this helps you and if you are interested in looking for a home to move to, please check out our Tampa Real Estate Home Search Page to start your research. …