Tony Perez's (housevaluesmls) Blog

What does that mean? Usually, debt that is forgiven or cancelled by a lender must be included as income on your tax return and is taxable. The Mortgage Forgiveness Debt Relief Act of 2007 allows you to exclude certain cancelled debt on your principal residence from income. It applies to qualified...

This is my career and as a full-time Realtor i know i have to network and be known in my community or city. That's why i helped create www.i-GoCity.com a local/national website that has something for everybody. What i oversee is the Real Estate side of the site and here's what i'm looking for fro...

BANK OWNED FORECLOSURE: Steal of the Week Just look below at what you get with this great home, I saw it twice already and this property is a steal of a deal. It's only 4.5 miles from Collier Blvd. 951 and sits on 2+ acres of beautiful Golden Gate Estates land.  Oh yeah it also comes with a below...

A WATER VIEWMoney magazine came out with its top 25 list of best places to find affordable homes near the water, and Ferry Pass, Fla., made the cut. Coming in at No. 16, the community, located near Pensacola, is just minutes from the beautiful white sand beaches of the Gulf of Mexico. The magazin...

REAL ESTATE RECOVERYSince the government said it would take over Fannie Mae and Freddie Mac, there's been an accelerating drop in mortgage rates, raising hopes that more buyers might be drawn into the housing market and hasten the recovery.Read the full story:http://www.floridarealtors.org/NewsAn...

FORECLOSURESThe number of failing mortgages in Florida continued to rise in the second quarter, according to the latest Mortgage Bankers Association survey. In Florida, the percentage of home loans in foreclosure was higher than in any other state and almost double the national average. A small c...

FANNIE MAE AND FREDDIE MACWhat does the federal government bailout of Fannie Mae and Freddie Mac mean to home buyers and sellers? Generally, it's a good thing, and brings stability to the mortgage market. Most experts even expect mortgage rates to drop some over the short term, though qualifying ...

Look at all the action in Golden Gate City over the last couple of months especially in August 2008. These charts are from Sunshine MLS and show Single Family Homes sold, pendings, new listings & median sold price. As you can see SOLD listings are on the rise up 43% from July 2008 PENDING or UNDE...

Hello fellow Realtors, just wanted to take the time to tell you about a local/national website called i-gocity.com.  The reason for letting you know is for some additional exposure that's the same reason why i joined Active Rain, to get more exposure and it worked i got my first lead today. I als...

FORECLOSURESWhile the number of foreclosures remains high, thousands of homeowners on the verge of losing their homes find last-minute ways to prevent it. In the second quarter of 2008, mortgage servicers finished more than 522,000 workouts through the Hope Now program, allowing distressed homeow...