5 Tips to Prepare Your Home for Sale

Working to get your home ship-shape for showings will increase its value and shorten your sales time.

Here are five ways to get your house ready to sell.

 

Many buyers today want move-in-ready homes and will quickly eliminate an otherwise great home by focusing on a few visible flaws. Unless your home shines, you may endure showing after showing and open house after open house—and end up with a lower sales price. Before the first prospect walks through your door, consider some smart options for casting your home in its best light.

Read more: http://buyandsell.houselogic.com/articles/5-tips-prepare-your-home-sale/#ixzz27gDSEAeu

CoreLogic: Fewer homes underwater

SANTA ANA, Calif. – Sept. 12, 2012 – CoreLogic says 10.8 million (22.3 percent) of all residential properties with a mortgage had negative equity (underwater) at the end of the second quarter 2012. That’s down from 11.4 million properties (23.7 percent) at the end of the first quarter.

An additional 2.3 million borrowers had less than 5 percent equity in their home, referred to as near-negative equity, at the end of the second quarter.

So far in 2012, 1.3 million homeowners have moved from underwater status into positive equity.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=280943

Visiting Our Area? Here Are Some Useful Links

VisitFlorida.com

Virtual Tourist- Florida

Manatee County Map

Sarasota County Map

FHFA issues new short sale guidelines

WASHINGTON – Aug. 22, 2012 – The Federal Housing Finance Agency (FHFA) announced that short sales on homes under Fannie Mae and Freddie Mac would get easier after Nov. 1, 2012. It issued new guidelines that help homeowners hit by a financial hardship, moved by the military or held back by a home’s second mortgage.

Read more at: http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=280068

For renters, buying a home pays off after 3 years on average

LOS ANGELES — Real estate website Zillow has a provocative data point for every renter thinking about buying these days: That move pays off after just three years on average nationwide.

The company, which lists for-sale and for-rent information on its site, has released a new analysis of what it calls the “break-even horizon,” comparing what it would cost to buy or rent the same home in a number of U.S. markets over time.

 

Lakewood Ranch’s Main Street serves as venue for charities

On Main Street in Lakewood Ranch, visitors can enjoy shopping at various boutiques, eating at fine restaurants and watch the latest Hollywood movie at the cineplex.

And just by partaking in the venue’s monthly musical festival, visitors can contribute to many local charities that help those in need in Manatee County and surrounding communities.

Since January, $400,000 in donations have been raised for non-profits from events held on Main Street. The number includes money raised by organizations that have used the strip and the monthly ‘Music On Main’, a free concert on the first Friday of every month. Vendors at Music on Main give 10 percent of their earnings to a selected charity, which changes every month.

The shopping center has been involved with helping charities for the past six years.

A few of the organizations to hold events on Main Street include the American Diabetes Association, Juvenile Diabetes Research Foundation, the Center for Autism Resources and Education and Take Stock in Children.

“It’s a great venue,” said Julia DeCastro, property manager for Main Street. “It’s the only one of its kind around here.”

DeCastro said the shopping center is rented to organizations at very minimal costs.

The Humane Society at Lakewood Ranch and Community Haven are just a few of the local charities the free concert has benefited.

“It’s helping the local community,” DeCastro said.

HOPE Family Services, a non-profit group that provides help to victims and survivors of domestic violence, will benefit from the Aug. 3 free concert.