Anna Maria Island (Sarasota, FL)
By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
Loans for Commercial and Multi-Unit Properties in Sarasota Florida The process for obtaining a Commercial Loan begins with the entry of an EXECUTIVE SUMMERY FORM.  The form covers several important areas of information that are used to conduct a search of available lenders and their Rate and Terms for a particular loan type. 1) Contact Information 2) Property Description 3) Additional Collateral 4) Borrowers Desired Loan Terms 5) Personal Information Via Resumes, 1003's and Financial Statements for all borrowers 6) If it is income producing then a Rent Roll or Profit and Loss Statement is needed 7) Credit Files all borrowers 8) Property Appraisal 9) Use of Funds Statement 10) Transaction Description and Exit strategy  
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By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
Government Home Loans FHA/VA/USDA in Sarasota Florida are still being used in most purchase transactions. I specialize in FHA, USDA, VA Loan products. When it comes to less out of pocket expense at a rate that is competitive with other lenders such as the conventional types more people are choosing to go with the Govies; which are aka FHA, VA and USDA Loans.  However lenders are not always willing to adopt into practice the new programs being passed down by HUD. Lets just say it would appear that this particular program isn't being accepted with open arm's on main street so far. HUD recently launched a program aimed at helping people who are current on their mortgage loans; refinance to the lower prevailing rates being offered through FHA and VA Approved Lenders even if they are under ...
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By Louann Nudi
(TOVIJE Enterprises, Inc.)
Fractional Ownership has come to our area!  Seems like our undiscovered coastline is growing up or at least Anna Maria Island is!  The De Soto Grande on Anna Maria Island is offering 8 waterfront fractional ownership residences ranging in price from $196,000 to $215,000.  The company developing the property has plans for another on Lido Key.  Seems they have done their research and are banking on its success!According to Nichole L. Reber, a news correspondent for the Herald Tribune, "each unit has 3 bedrooms and 2 baths and views of the village of Anna Maria and/or the water (either the gulf or the bay).  The price guarantees four weeks' use of the luxury condominium, though owners have the option of purchasing more time." Fractional ownership began with planes and yachts and has now mo...
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Sarasota, FL Real Estate Professionals