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Freddie Mac easing lending rules on Florida Condos
Freddie Mac is moving to buoy the battered Florida condo market, waiving lending rules that made it harder to buy and sell units in many condo buildings. Freddie Mac said Wednesday it will back mortgages on units in financially troubled condo developments as long as the seller’s loan is already owned or securitized by the mortgage finance company .... Read More |
2010 1ST Quarter Numbers Encouraging
 Numbers are up for the first quarter of 2010 compared to last year. Single Family Homes Sold increased by 127 homes and average sales price jumped almost $25,000. Condominium Unit Sales increased by 115 units with sales prices a bit lower than last year’s 1 st quarter by roughly $29,000. Data provided by The Emerald Coast Association of Realtors, the area’s largest local real estate board. |
Fractional Ownership: Not Your Father's Timeshare Option
By Evelyn Fielding
 Maintenance costs and taxes on expensive properties can quickly overburden a homeowner, especially when they're on a vacation property the family uses only a few times a year. Fractional ownership allows several co-owners to share the financial burden—and financial... Read More |
The Spring Cleaning Task that Can Really Clear the Air
Courtesy of ARAcontent
 Your spring-cleaning routine will probably cover important, much-used rooms in your house, like the kitchen, baths and living room. But to really ensure your home's air is as fresh and clean as it can be, it's important to remember to spring clean the "hidden" room in... Read More |
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Have You Created Your Dream Home Wish List?
By Victoria Hunter
 Shopping for a new home can be an overwhelming process. Finding a real estate agent, looking at homes online, and applying for loan approval, there is a lot to do, and it can be difficult to know where to start. Believe it or not, there is a first step that every home buyer should take—before you pick up the phone to call that real estate agent and before you look at even one home online. Know What You Can't Live WithoutGet out some paper and a pencil and jot down everything you want in a home. If you are part of a couple, you should each have your own list... Read More |
Clean Up to Keep 'Curb Appeal'
By Claudia Cosgrove
 Whether a house attracts attention as someone drives or walks by can make or break a potential sale. A house can have all kinds of interior upgrades and renovations but may take forever to sell because of how it's perceived "at the curb." Don't let potential buyers slip away. Impress them with a yard that says, "This is just the beginning of a not-to-be-missed property."Don't let potential buyers slip away. Impress them with a yard that says, "This is just the beginning of a not-to-be-missed property." ... Read More |
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Pelican Real Estate, 42 Business Centre Dr. Suite 106, Miramar Beach FL 32550 The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice. If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.
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