TAXES
A short sale - where the lender allows a house to be sold for less than what's owed on the mortgage - may enable a homesteaded owner to walk away from the loan without incurring any costs. However, investor and secondary-home owners likely will get a surprise from Uncle Sam next tax season: a tax bill based on the amount forgiven by the lender.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n2-082108.cfm
FLOOD CLEANUP
As areas of Florida begin to cleanup from Tropical Storm Fay, homeowners should react quickly to disinfect surfaces, prevent damage from becoming worse and make repairs. FAR's Disaster Relief Fund also is available to help members affected by storm damage.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n1-082108.cfm
NEED TO MAKE A CLAIM?
There are two Web sites you may want to bookmark in case Tropical Storm Fay - or any other storm for that matter - damages your home or business. The Florida Office of Insurance Regulation Web site includes a database of all insurers: http://www.floir.com/CompanySearch . Similarly, Citizens Property Insurance Corp., the state's insurer of last resort, has its own Web site (https://www.citizensfla.com) that offers all kinds of helpful information. If you need to report a claim on your Citizens policy, the company asks that you call (866) 411-2742.
AMENDMENT 5
Amendment 5, Florida's proposed constitutional amendment that would lower property taxes by 25 percent up to 40 percent depending on where you live, will remain on the November ballot pending a review by the Florida Supreme Court. A final decision is expected in early September.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n3-082008.cfm
For consumers and businesses just wanted to pass this on to you about an upcoming Business Trade Show in Naples, FL. where you can showcase products & services, network with businesses and consumers and generate new contacts. Also I checked into this local/national site www.i-GoCity.com which is offering free and 1/2 OFF advertising to all businesses who attend the Trade Show I went ahead and signed up you might want to check it out.
P.S. Well i hear the rain coming down harder and the winds really picking up now from Tropical Storm Fay i guess maybe i should "hunker down" as the news always says.
P.S.S. I really didn't have any real estate news due to Tropical Storm Fay but i'll get back on topic tomorrow once the storm goes by. Have a safe riding out of the storm for you and your family.
For more information: Call Lydia at 239.348.0122 Email: Lydia@NewHopeMinistries.org
Click Link for Additional Info. http://www.i-gocity.com/page.php?page=NewHopeTradeShow
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