Pinellas Property Online

1. National Flood Insurance Program extended one month
(Home News/National News)

... “This is only a short reprieve,” he adds. The one-month extension gives Congress time to consider a broader initiative that would extend NFIP until the end of the year. In a Government Affairs Update, ...

2. New Rules for Short Sales Released by the Government
(Home News/National News)

It’s here, the much anticipated plan from the Treasury Department on how to streamline short sales was announced on Monday, November 30th. Since the Making Home Affordable program has been a miserable ...

3. Be Aware of Water Usage and Conservation
(Community of Pinellas/About Environmentr in Pinellas)

... water readily available. We can’t ignore the water shortage and pretend it will simply go away – we should make water conservation a part of our every day lives. Watering restrictions are set by SWFWMD; ...

4. Treasury sets guidance to simplify" short sales"
(Information and Facts/Mortgages and Money)

The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed "short sales" of homes and other loan modification alternatives to stem a rising tide of foreclosures. The ...

5. New Wave of Foreclosure Homes Looms
(Home News/National News)

...  • Moratoriums. New state laws imposing short-term moratoriums have slowed the timeline from delinquency to foreclosure. • Overwhelmed lenders. Banks dealing with a surge in refinancing, mortgage ...

6. Buying a Home in Time to Get Credit
(Information and Facts/Buying a Home in Pinellas)

... lender asks for any additional documentation, turn it in as soon as possible, says Doug Heddings, a New York-based real-estate agent with Charles Rutenberg Realty. And think twice before pursuing a short ...

7. September Statistics Analysis - The Turn of the Market
(Home News/Pinellas County News)

... supply of inventory is down to 8 months If I had to name a point when the market appeared to be making a turn, it is February 2009. In spite of short sales and foreclosures, that was a definite point ...

8. Oct 5 Foreclosure Bill
(Home News/National News)

... involving homesteaded properties. A third bill by Rep. Hazel Rogers, D-Lauderhill, would force lenders to provide greater notification and financial assistance to tenants involved in foreclosures or short ...

9. Homebuyer Tax Credit
(Information and Facts/Buying a Home in Pinellas)

... the current market, as lenders scrutinize borrower paperwork and issues with appraisals pop up. In short, first-time buyers probably need to select a property and make an offer by the end of this month. ...

10. Pending Home Sales UP AGAIN
(Home News/National News)

... to short sales, and issues regarding complex new appraisal rules,” he said. “No doubt many first-time buyers are rushing to beat the deadline for the $8,000 tax credit, which expires at the end of next ...