By Yudislaidy Fernandez, Miami Today August 12, 2009 Veteran Realtor Jo-Ann Forster and her eight-member team have left Coldwell Banker, where she was local top producer, to join Esslinger-Wooten-Maxwell Realtors looking for growth and change, she says. It's a jump from one of the market's largest residential firms to the other. With competition stiff among realty firms in a slower residential market, firm owners are seeking to lure new and seasoned sellers, industry leaders say. Looking for a reinvention like the "Madonna of real...Continue Reading!
In The News Category
Week of August 6, 2009 When he risked charges of treason by signing the Declaration of Independence on July 4, 1776, Benjamin Franklin supposedly said "We must all hang together or, most assuredly, we shall all hang separately." Those were perilous times. Success of the breakaway colonists was chancy. So leaders of competing colonies set aside differences and united efforts to break from Great Britain and start anew. They had to hang together. Fast forward 233 years to July 2009, also perilous times. Private...Continue Reading!
As we keep an eye on the economy we are seeing an uptick in home sales, more construction starts and permits being pulled and now a bull rally on wall street! It seems to all be positive. The graphs and charts are all trending upward but unfortunately we still have unemployment. Before we see any type of decrease in unemployment, the economy will have to stabilize. Companies had to cut back to save cost due to a decrease in revenue. Some companies over expanded;...Continue Reading!
The IRS has released IR-2009-69 noting that at least one tax return preparer has been convicted of fraud in falsely claiming the first-time homebuyer tax credit on behalf of the taxpayer. The release serves as a reminder of the consequences of any fraudulent claim. The IRS has updated its computer screening capacity in order to identify fraudulent claims. To date, the IRS has 24 criminal fraud investigations pending related to the tax credit. On Thursday July 23, 2009, a Jacksonville, Fla.-tax preparer, James...Continue Reading!
" It is always the Simple that produces the Marvelous" ......... Amelia E. Barr August 4, Ad valorum taxing authorities advise Property Appraiser of the rollback rate. Also the date and time of the first public hearing. The property tax assessments for Broward County have been certified and are posted on their web site. Go to www.BCPA.net and click on "Property Search". You will need to put your information in by owner name, address or folio number. When your information comes up...Continue Reading!
The consensus was that U.S. factory orders might show a decline, but in fact Junes orders picked up a 0.4 gain, and marks the third straight month of improvement and is consistent with a possible second half recovery. Business spending is also showing signs of recovery.Continue Reading!
Luxury home sales on the rise again in South Florida Luxury homes are selling again in South Florida -- a promising sign of new life in the housing market. For video interview with Audrey Ross by Herald staff, click here: http://www.miamiherald.com/business/story/1167851.html BY MONICA HATCHER (August 2, 2009) Patricia Delinois' Black-Berry is buzzing again. After a long, dreary drought, her Sunday afternoons are filling up with open houses. Delinois, who handles very expensive real estate, says a flurry of new activity is providing hope that the luxury home market...Continue Reading!
Real Estate Taxes - Make Sure You Are ONLY Paying Your Fair Share and How To Successfully Appeal Your Assessment Speaker: Thomas J. Dixon, Dixon Commercial Real Estate. Specializing in commercial tax assessment appeals and brokerage. 1. How is the assessment created? 2. What does millage rate mean? 3. Why are values going down and taxes going up? 4. How can I appeal my assessment? 5. How does the appeal process work? 6. What information needs to be provided? 7. Who are the "Special Magistrates" at the appeal hearing? 8. How...Continue Reading!
New loan modifications for FHA insured loans. Effective, August 15, financially troubled homeowners who have an FHA-insured loan can apply for a modification under a program parallel to “Making Home Affordable” to help lower their payments and avoid foreclosure. Financially troubled homeowners who have The program, launched in March, is designed to lower monthly payments for 3 million to 4 million borrowers, although only about 200,000 have been helped so far. Lenders agreed this week to adjust 500,000 loans by Nov....Continue Reading!
WASHINGTON – July 30, 2009 – A senior House Democrat threatened banks Wednesday that if they don’t volunteer to save more homeowners from foreclosure, Congress will make them. Read more....Continue Reading!