About Marion County, FL

Another blog on acive ain prometed me to ask this question. The other blog titled (Is the real estate agent obsolete, but doesn't know it yet/) The whole premise of this was that homes could be marketed all over the internet so why have a Realtor.

Share your real experiences about things that went wrong during your transaction and how you fixed them. Let's show the world that if it wasn't for those extra steps that Realtors do that a buyer may not have been able to purchase the home of their dreams or that a seller would of lost a good sale.

Here is one of the many of my stories:

My client was the buyer. We put in a contract on a Countrywide Foreclosure. A Countrywide foreclosure requires pre-qualification from them or they will not look at an offer. My buyer decides to go with Countrywide instead of my lender. Were two weeks into the contract and no appraisal was done. In addition the contract required a loan commitment letter two weeks from date of the contract. I was assured by CW that all is well and the commitment letter would only be subject to the appraisal after reviewing the buyer's documentation. Once you hand over the loan commitment letter the buyer waives his finance contingency in our Florida contracts and the only exceptions would be property related. I then find out that CW did not get the entire buyer's documentation when they along said everything was just fine. I hate when people don't tell the truth.

It has now come down to the wire where the seller wants' their unconditional approval. I send over an addendum to extend the loan commitment date along with protecting my buyer if the home does not appraise. During this time the appraiser calls and wants me to send them the purchase contract. I guess they didn't get it from the bank.

I ask for an extension on the loan commitment and let the foreclosure agent know CW said," there would be no problem with getting it," and that CW was the cause of the delay. We get our 10 day extension. yeah By the way my buyer has $8500.00 deposit on this contract so time lines are very important so he doesn't loose his deposit if something goes wrong.

Then the nail got put in the coffin by CW. Remember that loan commitment letter that was not supposed to be any big deal. Right.. The loan commitment letter stated that my client (who owns his own business) could not use funds from his business to close. Excuse me dummy mortgage person if that was a problem you should have know that up front. What person who owns a business doesn't get paid by that business. CW also wanted his wife to have secured a job in the Ocala area with her current employer Publix. Who the heck is going to leave their current job in a city 3 hours away when they don't even know if they bought the house yet? That did it for me and my buyer. This deal was not going to close under CW. There was no excuse from CW for this crap given what they knew about my buyer from the get go.

I called my other lender and went through everything with him and had him clear the issues with his underwriter so I would know we could switch lenders and save this deal. In our foreclosure contract if you switch lenders the seller can cancel the contract so I had convincing job cut out for me. CW told my buyer that the seller may not accept a new lender as well. Anyhow, I wrote a long detail email to the foreclosure agent on how CW was responsible for this mess we were in and we were switching lenders. To make a long story short we went forward with some more bumps in the road, but finally closed and my buyer got the home of his dreams. I saved this deal because of my experience, education and concern for my buyer.

Representing buyers Ocala Florida Real Estate Dawn Rupersburg

Ocala is rightly known as The Horse Capital of The World, and the variety of horse related activities that we have to offer here are astonishing. For instance, right now, Ocala horse enthusiasts have a great opportunity to see live polo matches right here in their own backyard at The Florida Horse Park. Matches are held every Saturday afternoon, with the last match being held on Saturday, December 5^th. With the lovely cool afternoon weather that we've been having, you shouldn't miss this chance to see all the action up close and personal. The matches start at 4:00, and the gates open at 2:30. The cost is only $5.00 per person, and children 12 and under get in free.

If you've never been to a live polo match before, you really should go see what all the excitement is about. The horses are gorgeous, and the action is non-stop. Take along chairs and a picnic basket and dine in style while watching the match. You won't regret it.

For more information about The Florida Horse Park and the many wonderful equestrian events held there, click here: The Florida Horse Park

For more information about The Florida Polo Club, click here: The Florida Polo Club

Great news for Florida Homebuyers! Congress has passed a revised version of the First Time HomeBuyers tax Credit, and the President has said that he will sign it, as early as tomorrow!

The new bill will extend the credit until April 30, 2010, and if the buyer has an executed contract by that date, they can close as late as July 1, 2010 and still qualify.

Better still, now current homeowners who are selling or have sold their home in the last three years purchasing a new (or new to them) home can qualify for a tax credit of up to $6500.00, as long as they have used the home that they have sold (or are currently selling) as a principal residence consecutively for 5 of the previous 8 years.

The income limits have been raised, too. A single person can earn as much as $125,000 per year and still qualify, and a married couple as much as $250,000.

This beautiful townhome is situated in the best part of Southeast Ocala, Florida. Close to Private schools (one within walking distance) as well as the best middle and highschools. Convenient 5 minute drive to downtown, as well as to the Paddock Mall, and the new Heathbrook Mall. Close to grocery stores, restaurants, and specialty stores! To directly access this property, use this shortcut: http://www.fizber.com/florida-buy-condo-townhome-co-op-home-11648344.html

FORECLOSURE LIST

Investment houses, Fix & flip houses, luxury homes, Farms, 55+ Homes, Newer homes. You name it, we probably have it! This list changes daily with new foreclosed homes and homes that have gone into contract. Many of the homes are under $100,000. Request our auto email updates and remember, cash is king!