As spring fast approaches there is a phenomina occurring in the market that heeds notice! (kindly excuse typo\\\’s it is 1:30 a.m. but I wanted to get this info out as fast as possible!)

As we navigate thru these uncharted territories in this new econony

I am here to pass on information that Is important to the market. Recent actions

by some of our government institutions and rule makers has laid evidence to what

i have noticed in the last few weeks and that is a tolerance

for “invetors” in short sale and REO
flipping.

In fact short sale and reo or \\\”bank owned\\\” flipping of  properties are becoming more and more accepted by
the government and major lending institutions. This
is evidenced, among other things, by Freddie Mac\\\’s
recent bulletins, updated credit policies by major
lenders allowing for C buyer financing, and revised
title bulletins stating that the C purchase price does
not need to be revealed to the A lender as long as
certain disclosures are made.

Last Friday the FHA has rescinded its 90 anti-flipping
rule and will, for a period of 1 year, allow FHA buyers
to obtain loans on properties that have been recently
purchased by investors who intend to flip them for a
profit.

This “green light” by FHA means that if you’ve been on
the sidelines of property flipping, you need to educate
yourself as soon as possible, because investors will be
coming on strong for 2010 given this latest news.

Visit my site and blogs regularly as I am dedicated to informing you

on the latest market conditions..if this sounds like greek to you

hold on .. in the next few weeks as this unfolds I will update you

on these conditions

Have a Great Day/// Bonnie Fagoh

Enjoy Bella Sol Luxury Villas at Apollo Beach on Tampa Bay In Florida Call me to arrange your no obligation Free Boat Tour of the Area with world class sunsets, fishing and year round sports.

As a testament to the fantastic waterfront coastal living at Bella Sol Luxury Villas, Despite global market conditions, savvy customers have voted with their hard $$ Dollars in 2009 making this Realtor top 10 in the region out of 4,000 agents from Tampa, Orlando to the Georgia State line Thank you!

Reaching Centurion production is no small feat, especially in this market, and I owe thanks to those of you with the vision to see that NOW is the TIME TO BUY in Florida! Historically, December has been a “slow” month in real estate, but it was definitely NOT slow at beautiful BellaSol Luxury Waterfront Villas in Apollo Beach, FL. We put two more condo/villas under contract in late December and 2 more are to go under contract in January. The developer will be releasing some pre-construction luxury villa homes as soon as we complete Phase 2. Two new buildings with the exterior complete just need to be completed on the interior.

For those who don’t feel BellaSol is a perfect fit, there are many other areas with desirable condos, townhomes and single family homes from which to choose in the Tampa Bay and surrounding areas. One of my clients wanted to be closer to the beach, so I helped them find a home just 10 minutes from the gulf for under $200k!

Don’t forget the First Time Homebuyer Tax Credit has been extended, so take advantage of of that $8,000 credit (10% of the purchase price of the home with a max of $8,000 as long as you have not owned a home in the last 3 years). That $8,000 could buy some nice furniture for your new home! For those who have owned and occupied their homes for 5 consecutive years of the last 8 years, there is a possible tax credit of $6,500 if you buy a new home. Call for details.

For those needing to sell, please call me to go over your options. We have a system that works for those who need to do a short sale and we can offer a FREE consultation with a lawyer so you can find out what is best for you so you can make an informed decision.So to sum it up….great inventory, low prices, low interest rates, and fantastic weather make it the best time to BUY Florida Real Estate!!

Call Bonnie at (813) 390-7606 and schedule your complimentary boat tour of the Apollo Beach area. Come see why the dolphin and manatee love it here! Experience the waterfront lifestyle in this laid back community that is only a short 20 minute boat or car ride to the city of Tampa or 30 minutes to St Petersburg. Find out why the Tampa Sailing Squadron keeps their boats right here in Apollo Beach! We have a great central location with easy access to the Gulf of Mexico, Sarasota, Fantastic Pro-Golf, NFL Football, Even Pro Hockey and Baseball!! Yes you can have it all only 76 miles from Walt Disney World in Orlando and the Space Coast!

Buy BellaSol as your retirement home, vacation home, or just to enjoy maintenance free living! You will have more time to enjoy the water while someone else takes care of the lawn, pool, and all exterior maintenance!

Search all Tampa Bay properties at www.TampaCoastalHomes.com or better yet,
call me for a FREE boat tour! Bonnie (813) 390-7606

ZIP Code: 33572 Location Characteristics: Apollo Beach is a growing community centrally located between Tampa (20 min), Sarasota (30 min) and St Petersburg (20 min). There are 55 MILES of canals leading to Tampa Bay for those of you who enjoy water sports. Southshore Commons, a major “open air” mall is planned for 2011 with shopping, restaurants, movie theatre and office buildings.

Bonnie Fagoh
Tampa Coastal Homes

Enjoy Bella Sol Luxury Villas at Apollo Beach on Tampa Bay In Florida Call me to arrange your no obligation Free Boat Tour of the Area with world class sunsets, fishing and year round sports.

As a testament to the fantastic waterfront coastal living at Bella Sol Luxury Villas, Despite global market conditions, savvy customers have voted with their hard $$ Dollars in 2009 making this Realtor top 10 in the region out of 4,000 agents from Tampa, Orlando to the Georgia State line Thank you!

Reaching Centurion production is no small feat, especially in this market, and I owe thanks to those of you with the vision to see that NOW is the TIME TO BUY in Florida! Historically, December has been a “slow” month in real estate, but it was definitely NOT slow at beautiful BellaSol Luxury Waterfront Villas in Apollo Beach, FL. We put two more condo/villas under contract in late December and 2 more are to go under contract in January. The developer will be releasing some pre-construction luxury villa homes as soon as we complete Phase 2. Two new buildings with the exterior complete just need to be completed on the interior.

For those who don’t feel BellaSol is a perfect fit, there are many other areas with desirable condos, townhomes and single family homes from which to choose in the Tampa Bay and surrounding areas. One of my clients wanted to be closer to the beach, so I helped them find a home just 10 minutes from the gulf for under $200k!

Don’t forget the First Time Homebuyer Tax Credit has been extended, so take advantage of of that $8,000 credit (10% of the purchase price of the home with a max of $8,000 as long as you have not owned a home in the last 3 years). That $8,000 could buy some nice furniture for your new home! For those who have owned and occupied their homes for 5 consecutive years of the last 8 years, there is a possible tax credit of $6,500 if you buy a new home. Call for details.

For those needing to sell, please call me to go over your options. We have a system that works for those who need to do a short sale and we can offer a FREE consultation with a lawyer so you can find out what is best for you so you can make an informed decision.So to sum it up….great inventory, low prices, low interest rates, and fantastic weather make it the best time to BUY Florida Real Estate!!

Call Bonnie at (813) 390-7606 and schedule your complimentary boat tour of the Apollo Beach area. Come see why the dolphin and manatee love it here! Experience the waterfront lifestyle in this laid back community that is only a short 20 minute boat or car ride to the city of Tampa or 30 minutes to St Petersburg. Find out why the Tampa Sailing Squadron keeps their boats right here in Apollo Beach! We have a great central location with easy access to the Gulf of Mexico, Sarasota, Fantastic Pro-Golf, NFL Football, Even Pro Hockey and Baseball!! Yes you can have it all only 76 miles from Walt Disney World in Orlando and the Space Coast!

Buy BellaSol as your retirement home, vacation home, or just to enjoy maintenance free living! You will have more time to enjoy the water while someone else takes care of the lawn, pool, and all exterior maintenance!

Search all Tampa Bay properties at www.TampaCoastalHomes.com or better yet,
call me for a FREE boat tour! Bonnie (813) 390-7606

ZIP Code: 33572 Location Characteristics: Apollo Beach is a growing community centrally located between Tampa (20 min), Sarasota (30 min) and St Petersburg (20 min). There are 55 MILES of canals leading to Tampa Bay for those of you who enjoy water sports. Southshore Commons, a major “open air” mall is planned for 2011 with shopping, restaurants, movie theatre and office buildings.

Bonnie Fagoh
Tampa Coastal Homes