Friday, February 1, 2013

Just Sold another Short Sale (Brandon Short Sale)

Just sold this 3 bedrooms, 2 bathroom, single family home.
I listed this home and litigated the short sale.
Please call or email with any questions or concerns regarding Tampa Bay and Brandon Short Sales.
Thank you,

Ainsley Daux
Florida Realty
(813) 546-1954

Brandon Short Sale
Tampa Bay Short Sale


Pinellas Park Short Sales

Thursday, January 3, 2013

New HUD HOME, Turn this HUD home into a GEM

This home hit the market today, its a 3 bedroom, 2 bathroom, over 1600 sq ft home located in north west Tampa. Work is needed
Please call or email too see this home today.
Thank you,

Ainsley Daux
Florida Realty
(813)546-1954

listing courtesy of: COLDWELL BANKER FIGREY&SONRES
Equal Housing Opportunity HUD properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, disability, familial status, or national origin. "HUD reserves the right to reject any and all offers or to withdraw a property prior to bid opening. Accuracy of information contained in this advertisement is not guaranteed. Properties may contain zoning and code violations as well as defects which could affect the purchaser's health or safety. It is the purchaser's responsibility to satisfy himself as to accurate information and property condition, including any possible zoning and code violations.

Tuesday, August 21, 2012

Just Sold Bay area Short Sale

Once again "I did, what I do", I listed and mitigated another succesful short sale.
The great thing, the lender provided a documentation stating they will not pursure the seller for the deficiency.



Ainsley Daux
Florida Realty
(813)546-1954

Just Sold 1613 Crossridge dr. Brandon, FL 33510

Friday, August 3, 2012

2012-the year of the short sale

Here is a very interesting article


2012 - the year of the short sale? By Tom Tryon: "Here is the real-time tale of two real estate markets. One market is depressed and distressed. Propertyvalues are down. Since mid-2006, residential values in Florida have declined by 51%. Hundreds of thousands of properties havebeen, or are, in foreclosure and huge numbers of homes have beenrepossessed. Consider these statewide numbers, presented byanalyst Jack McCabe during last week's Herald-Tribune Hot Topicsforum:- 150,000 residential properties in Florida have beenrepossessed, and are owned, by banks.- 371,000 foreclosure cases are open in courts.- 530,000 residential mortgage loans are at least 90 days pastdue and in default.- 265,000 homeowners have not made a mortgage payment in morethan two years.- 1 million residences are in some form "distressed," whether inforeclosure, owned by banks or in default.


- 46% of mortgages "under water" - in other words, the debtexceeds the current market value of the residential property.Add this number - 809, the average number of days to process aforeclosure in Florida - and it's easier to understand whyso-called short sales, in which owners and mortgage holders sellat steep losses, are viewed as advantageous options and positivemovements in the total market. The overriding question posedduring the forum was: Will 2012 be the Year of the Short Sale? The answer, expressed by the overwhelming consensus of McCabe,the guest speaker, the panel - Michael Braga and Harold Bubil ofthe Herald-Tribune; attorneys Nancy Cason and Tom Avrutis - andaudience was: Yes. There was one caveat: 2013 might be theSecond Year of the Short Sale. That's because the volume ofpending foreclosures — and the imminent threat of even more,could make it impossible to clear this "shadow inventory" fromthe real estate market. There was widespread agreement among the150 people — analysts, lawyers, bankers, real estate agents anddevelopers — who attended the forum that more lenders arewarming to short sales, despite the bottom-line effects ofwriting off losses. What's more, the homeowners in financialperil are overcoming the psychological hurdles - and coming toterms with the financial implications of - short sales. The real estate market is so complex that it's impossible tocover in a multi-day symposium


much less a 90-minute forum. ButI took away two simple points: 1) The current market is like asummer day in Florida: Dark and cloudy during one part of theday, with scattered sunshine and the possibility of bright daysahead; 2) It's no wonder my wife and I have stayed in the samehome for 25 years; real estate makes my head spin

Monday, July 16, 2012

Bank of AMerica New Short SALE Relocation Assitance

Bank of America or BOA for short has once again initated its relocation assistance.
This time they are providing up to $30,000 in relocation assistance. Not all distress sellers will qualify for this program. If you are deliquent on your mortgage I would advise to call Bank of America and inquiry on moving assistance.
Please see below for a list of questions and answers from Bank of America.

Frequently Asked Questions:
Q: How can I find out if my client qualifies for this limited time offer?
A: Call a Bank of America short sale specialist at 1.877.459.2852
Monday - Friday 8 a.m. - 10 p.m.; Saturday 9 a.m. - 5:30 p.m. Eastern.

Q: Do I have to do anything special when initiating or completing the short sale?
A: No. But act quickly by initiating the short sale at agent.equator.com.  This is a limited-time offer that your clients won't want to miss out on.

Q: If a short sale is initiated with an offer, will it qualify for this enhanced relocation assistance?
A: No. Short sales initiated at the time an offer is received do not qualify for the enhanced relocation assistance funds.

Q: Is the enhanced relocation assistance eligible to non-owner-occupied properties?
A: Yes, it is available to non-owner-occupied properties.

Q: Will the relocation assistance funds be reported on the HUD-1?
A: Yes, funds received at closing will be documented on the HUD-1, and a 1099-MISC will be issued.

Q: Can the relocation assistance funds be used to pay off existing liens?
A: Yes, the homeowner may use funds to pay off existing liens or to help with relocation expenses.

Q: Is the enhanced relocation assistance added to any other incentives, such as the HAFA or Bank of America Cooperative Short Sale Program incentives?
A: The homeowner incentive will be inclusive of the $3,000 HAFA incentive. For example, if the homeowner is eligible for $5,000, then $3,000 will be from the HAFA funds and the remaining $2,000 will be from Bank of America homeowner incentive funds.


Please feel free to call or email with any short sale questions or concerns.
Thank you,

Ainsley Daux
Florida Realty
(813)546-1954

New Short Sale.....Great fixxer upper in Pinellas Park

This is a bank approved short sale.
Some work is needed but the potential is there.
Location, location, location, this is lake front home it boast 3 bedrooms, 2 bedrooms, 1 car
garage, almost 1500 sq ft...
Take advantage of this short sale.

Ainsley Daux
Florida Realty
(813) 546-1954

Monday, March 5, 2012

New Tampa Bay Short Sale







Tampa Bay Short sale located in North Tampa.

This is a duplex which boast 2 bedrooms and 1 bathroom in each unit.

This duplex needs alot of work.

Listed at $28,000


Ainsley Daux

Florida Realty

(813)546-1954