You be the Investor with Renovation Financing!

I recently attended a seminar about a little known program which provides funding for home purchase and repair. 


The popularity of this program is on the rise because so many of the homes on the market today are foreclosure and short sale properties.  These homes are for the most part sold "as is". Utilizing this program YOU can buy a home that otherwise could only be sold for cash. This means YOU can be an Investor without huge sums of cash. 


Having received specialized training, I am ready to help you find and buy an "as is" distress property, a house that may need repairs such as a new roof, flooring, kitchen appliances, and more.  I'll help you find, buy, close and renovate AFTER CLOSING with a single monthly mortgage payment!  Using this program, you may even be able to finance the mortgage payments during renovation (for up to six months after closing). 


Want to know more, get approved and begin searching for the home you can improve so that it is perfect for you? Please contact Diana Marshall for additional details and let's get started while so many good affordable homes are on the market and interest rates remain low.

Just Listed Vacant Lot in Upscale Bradenton Subdivision

My newest REO property listing is a vacant lot in Panther Ridge, Bradenton, Florida.  The Preserve at Panther Ridge is an upscale community with a lush, park-like feeling, loads of common areas, preserves, nature trails with park benches, even a scrub jay preserve.  If you appreciate a view of trees and shrubs instead of the back of your neighbor's house you will love this lot!  The cul de sac location is a plus too.  A 5000+ sfh home on this street is offered for more than $500,000.  For more information visit my website.

Home Purchase or Lease Option...Which is Best for You?

I occasionally receive consumer inquiries about lease purchase and lease option as a method of acquiring a home.  The lease option/lease purchase involves renting a home, contracting to purchase at a future date (usually one to two years later) paying the seller a negotiable option fee which can be substantial, and then renting until the end of the option period.

A problem arises in that out of 5,110 residential MLS listings offered for sale between $100,000 and $300,000 in all of Hillsborough County and Pasco County combined, only 69 properties are offered as either lease option or lease purchase.  I found another 13 similar properties offered as rental MLS listings.

In our area, it seems this path to home ownership has not caught on with sellers in large numbers.  What this means if you are the buyer is that you have a very limited supply of available homes to choose from.  If you are serious about future home ownership there may be another way and that involves FREE credit enhancement.

What many people don't realize is that often times their credit score is better than they think it is.  If your score is border line, one of my lender partners is offering a FREE program to help raise the credit score of the borderline borrower enough to qualify for a loan.

This means an opportunity to purchase any home using the best loan products and rate programs. Items such as judgments, charge-offs, duplicate accounts and credit disputes are taken care of, giving the borrower the green light on their piece of the American dream. This service is tailored to each individual client’s circumstance and even though each client gets a personal approach, most scores can be corrected in as little as 3-5 business days. Also, the most unique and important feature:  IT’S FREE!

Please contact me and I will put you in touch with my lender partner so you can see if you can take advantage of this free assistance to get a great buy on a home and historically low interest rates too!

Inflation Likely to Cause Rent Increases!

Is it time to buy a home or should you continue renting? Well that depends on your individual circumstances as well as market forces like inflation. Fortunately there are handy calculators to help with your decision. All indications are that rental costs will be rising and buying might be financially better for you, if the timing is otherwise right and if you are ready for the benefits of taking control of where you will live year after year, working in your own yard and making your space your own.  You really need to be ready for and desire home ownership if maintaining your own home and yard (or paying someone else to do it) will be pleasurable for you.

The calculator helps answer the financial rent vs. buy question by factoring in the home's cost, your current rent cost, and how much you will have to pay each year in order to maintain your home.

If you consider your tax benefits and the appreciation of your home, you may actually SAVE money by purchasing a home this year.  At any rate the calculator is fun to play around with.  You may also enjoy other calculators on my website, obtaining a BestBUYER SCORE (a must have for every serious buyer) and looking at homes for sale in the Tampa Bay Area.

Would Right to Rent be of Interest to Distressed Homeowners?

The Center for Economic and Policy Research (CEPR) suggests that giving distressed homeowners the right to rent their house at a fair market price may be one of the best ways to address the nation’s foreclosure crisis. Two representatives, Grijalva (NM) and Kaptur (OH), Congress, HR6116 have sponsored a bill that proposes to give such a right (as a month to month tenancy) to foreclosing homeowners of "moderate value homes". It wouldn't require a bailout or cost any taxpayer money.

My questions is this: Do homeowners in distress really want to rent their home from their lender and what kind of tenant would they be? Further, do lenders really want to become landlords and what kind of job would they to? What is considered a moderate value home?  Would homeowner/tenants help to stabilize neighborhoods and stop the decline of property values?

If you would be effected by this bill as owner or lender, I would love the opinion.

Our newest getaway is at 27045 Osage in Brooksville:

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Just Listed in Port Richey 4BR, 2032 SFH home with detached garage:

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