Wow.! Its been a while since I posted a comment on this blog, 5 months to be exact. No particular reason why I stopped posting comments, but "IMM BACK". The market has changed drastically in the last 5 months. It appears there is a shortage of REO or bank owned properties, there are more short sales. Good thing for the market and buyers, there are a few lenders expediting the short sale process smoothly. I have also notice there alot more cash buyers due to lenders resrition on borrowing money. Many experts believe that we should expect some gradual improvments in 2012.
According to Lawrence Yun, chief economist of the National Association of Realtors (NAR), said home sales should be stronger. “Tight mortgage credit conditions have been holding back homebuyers all year, and consumer confidence has been shaky recently,” he said. “Nonetheless, there is a sizeable pent-up demand based on population growth, employment levels and a doubling-up phenomenon that can’t continue indefinitely. This demand could quickly stimulate the market when conditions improve.”As 2011 comes to end, many of us are preparing ourselves for the up coming year. Some renters are hoping to become h omeowners and unfortunatley some home owner may become renters which is not all bad. If you short sale your home and continue to pay other open credit lines on time and avoid pulling have your credit pulled; there is a good possibility you maybe eligible to purcahse another home in 2 years. My next post will go over different ways to improve your credit. Stay tuned
Thank you,
Ainsley Daux
Lic Realtor
Florida Realty
(813)546-1954
Wednesday, November 16, 2011
Saturday, June 25, 2011
Just Sold
I did it again. I provided my real estate expertise to assist this great family to buy a beautiful home in Wesley Chapel. The home was a foreclosed undervalued beauty. The home boast 3 bedrooms 2 bathroom and 2 car gargage built in 2006.
Ainsley Daux
RealtorHome
Run Real Estate inc
cell:(813)546-1954
fax:(866)820-1028
ainsleydaux.point2agent.com
Friday, May 20, 2011
JUST SOLD
This home boast 4 bedrooms, 3 bathrooms and almost 3000 sq ft., 2 car garage and a fenced in yard. The buyer was overwhelmed at the closing, she received $40,000 in county down payment assistance money. With the down payment assistance or DPA for short, her out of pocket expenses were minimal. Many buyers believe that the down payment assistance is a myth but I'm here to tell you it exist. In the last few years I've assisted many, many buyers utilizing down payment assistance. It does take some leg work from the prospective buyer but it can be done.
First and for most, the prospective buyer has to attend the first time home buyer class. Once the class is completed, the buyer will receive a certificate which allows them to participate in the program and receive funds if they are available. Below are a few resources to find class availability. Also, please feel free to call or email me with any questions are concerns.
First and for most, the prospective buyer has to attend the first time home buyer class. Once the class is completed, the buyer will receive a certificate which allows them to participate in the program and receive funds if they are available. Below are a few resources to find class availability. Also, please feel free to call or email me with any questions are concerns.
Ainsley Daux
Realtor
Home Run Real Estate inc
cell:(813)546-1954
fax:(866)820-1028
http://www.homerunrealestate.com/
ainsleydaux.point2agent.com
Realtor
Home Run Real Estate inc
cell:(813)546-1954
fax:(866)820-1028
http://www.homerunrealestate.com/
ainsleydaux.point2agent.com
Friday, April 15, 2011
Beautiful Tampa Bay
What a beautiful day in Tampa Bay today. Once again we are expecting beautiful weather today and all weekend long. This weekend is definitely a time to spend out doors; whether you’re working in the garden or manicuring the yard or hiking or biking at one of the many state parks that are available. You can have fun in the sun and head out to the beach...If you would prefer to stay indoors, the Tampa Bay Devils Rays are playing tonite as well as the Tampa Bay Lighting. After the Rays game tonite at Tropicana field you can find a great nite life nearby; you can also find a great nite life at Channel side were the Lighting is playing. If you would prefer some thing more settled, you can enjoy the Florida Orchestra this weekend or go see the play the Jersey Boys at the Straz Center on Sunday...This weekend my family and I are spending the day at the 41st Spring parade of homes. This is an annual event that provides the opportunity to view 69 furnished decorated model homes. These homes showcase the latest technology and trends in the building industry. Regardless of your weekend endeavors please have a great and safe weekend! Ainsley Daux Home Run Real Estate inc (813)546-1954
Wednesday, April 13, 2011
Should I buy or rent a home
Should I buy or Rent a home Today alone I was this question 3 times “should I buy or rent”…Most real estate professional will tell definitely this is the time to buy…Prices are low and interest rate are at a historical low. Before you what is your objective are you planning to reside in the home for the full duration of the loan, do you plan to relocate in the next few years, how much are you paying for rent? If you break down these pointers into categories it can help streamline your objective. “Planning to reside in the home for the full duration of the loan” If that is case, than is definitely time o buy. As I mentioned above. Prices are low, you can find a great deal on a foreclosure if you don’t mind waiting you can get a great deal on a short sale as well. Normally with the foreclosure and short sale the home will be sold at less than market value which may give you instant equity…With some remolding or even cosmetic work the value can increase..Considering interest rates are historically low with a good credit score should tie a good rate. For instance in tampa the median home price is 175,000 at a 4.5% interesrate your PI is rougly 1100 if that is a feasible monthly payment for you and you are paying that amount on a rental property, you may want to consider purchasing a home. Do you plan to relocate in the next few years If you plan to relocate in the next few years I would not advise to purchase now. I think it will be a few years before we see the market stabilize…There is a pretty big inventory of homes, so if you purchase now and plan on relocating in maybe 2 years you will be competing against short sales and other foreclosures… Ainsley Daux Home Run Real Estate inc (813)546-1954
Tuesday, April 12, 2011
Just Sold (Ridge Crest) Seffner
Just Sold 1401 Rowantree in Seffner...I have should written this post 2 months ag0 when I actuall sold the property but for one reason or the other I did not...This home is nestled in the Ridge Crest sub-division which is located in Seffner. Ridge Crest is 2 miles south of I4 and miuntes away from I75 and a skip and a hop from the Brandon Mall. There are total of 125 homes in this sub-division
Tuesday, March 22, 2011
Credit Truths and Myths about credit
Truth:
Little experience with credit can make it hard to get approved for a mortgage Lenders will look at credit history first before to deciding if an individual will be approved for a mortgage. In essence an individual looking into purchasing a home should have open and active credit accounts. These credit accounts can include credit cards; line of credit, car payment CD’s etc. make sure at least the minimum balance is paid on time monthly.
Truth:
Some creditors only report to one credit bureauYes that is absolutely true that is one of the reason there maybe a different score with each credit bureau. Also, that is why it is very important to review your credit report annually
Myth:
Paying off your loans early hurts your credit report. When you pay off a loan, your credit history is updated to reflect that and, because it's positive, typically stays on your credit report for 10 years,. (Negative information, such as a delinquency, only stays on your report for 7 years.) I advised a few clients if they paid a loan off try obtain at least a secured credit card to maintain at least 3 open revolving credit accounts.
Myth:
Your credit accounts need to be in your name only to strengthen your history. You can build up your credit history with your parents' help if they are willing to share a credit card with you, for example, or add you a an authorized user onto their accounts. "That's a good starting point.
Ainsley Daux
Home Run Real Estate inc
(813)546-1954
Little experience with credit can make it hard to get approved for a mortgage Lenders will look at credit history first before to deciding if an individual will be approved for a mortgage. In essence an individual looking into purchasing a home should have open and active credit accounts. These credit accounts can include credit cards; line of credit, car payment CD’s etc. make sure at least the minimum balance is paid on time monthly.
Truth:
Some creditors only report to one credit bureauYes that is absolutely true that is one of the reason there maybe a different score with each credit bureau. Also, that is why it is very important to review your credit report annually
Myth:
Paying off your loans early hurts your credit report. When you pay off a loan, your credit history is updated to reflect that and, because it's positive, typically stays on your credit report for 10 years,. (Negative information, such as a delinquency, only stays on your report for 7 years.) I advised a few clients if they paid a loan off try obtain at least a secured credit card to maintain at least 3 open revolving credit accounts.
Myth:
Your credit accounts need to be in your name only to strengthen your history. You can build up your credit history with your parents' help if they are willing to share a credit card with you, for example, or add you a an authorized user onto their accounts. "That's a good starting point.
Ainsley Daux
Home Run Real Estate inc
(813)546-1954
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