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Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS

Defective drywall scams begin

Defective drywall in Florida homes is something I wrote about two months ago. Primarily from 2004-2006 some defective drywall from China was used in building homes, and has destroyed some electrical systems, some plumbing, some air conditioning systems - and can be a HUGE problem to correct. Naturally consumer fears lead to opportunists, and it seems that some people are offering bogus tests to determine if your drywall is defective.

Anyone experiencing this scam should contact the Florida attorney general's office at (866) 966-7226 or file a complaint online.

Sandhill Crane Family

Sandhill Crane familyThe Withlacoochee State Forest in Florida is a wonderful place to escape. Our landlord, Tom Bell, was in the Green Swamp portion recently and took this photograph, which he sent to us in an Easter greeting, as the closest shot he had of an Easter "chick". I was so delighted with the photo that I asked him if I could share it on my blog, and he agreed.

Thanks, Tom, for sharing this wonderful part of Florida and nature with all of us.

Let your door show who you are and what you do

Iron door

A metal working company moved into this old building with an ugly, nondescript door. Hardly a good front for their company.

So - they covered the old door with this artistic one. Now that shows what the company could do for you.

Doesn't that let your imagination start to soar about your entry door, or a gate at the end of your drive?

You see the closed work at the bottom, the elaborate open scrollwork above.

Yes, that invites me in to see what's inside.

Do you know where in downtown St Petersburg this is?

Bargain days for waterfront homes in Broadwater St Petersburg Florida

More than one waterfront homeowner here in Broadwater bought their home a couple of years ago for $500,000 to $700,000 and then gutted it and totally renovated it, planning to spend many years there, or planning to retire or slow down and move to their waterfront paradise. So, they spent upwards of $100,000 on these renovations - opening up the small rooms, improving the flow, adding amenities and pizazz - new kitchen suited to their taste, new bathrooms... Then the economy struck and now they need to sell their piece of Paradise. A few years ago getting $750,000 or even $850,000 for these would not have been a problem. But that was then, and now is now.

So far this year there has been one closed waterfront sale in Broadwater - a bank sale at $275,000. Hmmm, how do we combat that in an appraisal? So, there are currently six waterfront homes under contract in Broadwater, with list prices from $399,000 to $475,000. That's a disaster for the above homeowners. Even if you add $100,000 for the renovations, they don't come up to their costs.

The lucky ones don't have to sell right now. Sadly, some unlucky ones do.

Signature Place announces big price cuts for contract holders

Signature Place condominiums downtown St Petersburg Florida

Most of the purchasers of condominiums in Signature Place, an architecturally unique highrise in downtown St Petersburg Florida bought their units back in 2006. Prices have certainly dropped since then, which had led to much speculation.

For months Joel Cantor, the developer, has been working with the lenders to jointly offer a significant price reduction. The Tampa Bay Business Journal announced weeks ago that this was "in the wind" so there's been a lot of speculation on how deep and how wide the "significant" price reduction would be.

To his credit, Joel did not just reduce the prices of the unsold units, as many developers are inclined to do. To reward and repay those that believed in his project early on, these price cuts apply to all existing contracts. As of Monday, they'll also apply to the unsold units.

This isn't a 5% or 10% token reduction - it's a whopping 25%. Both the developer and the lender are sharing in the hit. Cantor reports that this means that the purchasers are getting their condos at less than the cost to build them!

Signature Place is a striking building from wherever you look at it in downtown St Pete. At 36 stories it makes an impression, as does its unique design. There are 244 condos in the building, with 19 different floor plans.