March 28th update in Tampa Bay Golf & CC

I’ve shared some of my listings and sold homes in the past few months, however let me update you on some exceptional performances. I listed 10245 Moshie Lane for $159,900 and closed on it and 29515 Fade Ct at $149,000 and closed on both in the past 2 weeks.

I brought a buyer to 10446 Moshie Lane, listed at $165,000 and expect to close by mid-April.

I listed 29203 Coharie Loop for $219,000 on March 6th, and presented an offer on the same day that was accepted.

I recently listed a home on Rolling Circle that I never got on the MLS for $269,000 and currently have a contract and scheduled to close the end of April

I also listed a home on Moshie Lane for $270,000 and have a contract on this home before I could get it on the market.

I have a new listing at 10826 Moshie that should be in the MLS soon, we have a photo shoot Wednesday March 29th.  For $219,000.

I have buyers on standby from $145,000 or less, and buyers looking from $200,000 to $300,000 for the right fit. Are you ready to sell? Call me, RE/MAX will never let you down.

Market update “Tampa Bay Golf & CC March 3, 2017

Values are on the rise, it’s difficult to say what the measurable differences are because there is not enough recorded data for appraisers to pull from to support current pending contracts. I will share this data as it becomes available.

We currently have 35 active listings; many are priced much higher than appraised value. It’s important to note, that gambling with a higher listing price than can be supportive has its downfalls. For example

Currently four (4) homes have withdrawn their listing. For whatever reason, failed inspection, appraisal was unsatisfactory for buyer’s lender, and a scope of other reasons.

Six (6) homes have closed in the past 35 days and  (14) are under contract. It’s become common practice now for lenders to take more commonly 60 days to close on a loan.

WHAT IS TRID       With the new TRID process initiated October 3, 2015 The TILA-RESPA Integrated Disclosure, or TRID  It is commonly known as the “Know Before You Owe” rule. TRID is designed to make sure all mortgage lenders’ disclosures are clear, correct, and easy for buyers to understand. Buyers will also have more time to review disclosures. TRID will become the new mortgage standard, as it is mandated by the Consumer Financial Protection Bureau (CFPB.)

K-Hovanian currently has three spec homes available that back up to Old Pasco Road and one Augusta that’s limited in size. All others are under contract and some with back-up contracts.