Citizens Offers Settlements On 600 Sinkhole Claims

TAMPA – July 30, 2014 – Citizens Property Insurance Corp. has offered to settle sinkhole claims involving about 600 Tampa-area policyholders, the state-backed insurer announced Tuesday. The settlement offers for clients of the Marshall Thomas Burnett P.L. law firm are intended to end litigation if policyholders agree to repairs on their homes because of sinkhole…

Seller Assisted Financing Makes A Comeback

NEW YORK – July 28, 2014 – As home sales slow in some markets, more sellers may consider hooking potential buyers by offering to lower their mortgage rate. Mortgage assistance can help offset rising prices and the much-predicted looming rise in mortgage rates. Some real estate professionals have begun touting seller-assisted, below-market-rate financing on for-sale…

Flood Insurance Refunds To Begin Oct 1

WASHINGTON – July 21, 2014 – Rep. Bill Cassidy (R-LA) says that the National Flood Insurance Program (NFIP) is continuing to implement the Grimm-Cassidy Substitute Amendment to the Homeowner Flood Insurance Affordability Act of 2014. As a result, insurance companies will begin to issue refunds for applicable policyholders beginning Oct. 1, 2014, and all checks…

Great New Listing in Seffner with Country Charm

  11326 BRIGHTRIDGE DR $200,000 Single Family 3 Beds, 2.5 Baths, 1,614 Sqr Ft, Seffner  33584 – Looking for room to roam and want to bring your toys, tools or pets? Tired and don’t want the hassle of a short sale or foreclosure? Then look no further. Charming 3 bedroom 2.5 bath home. Nestled on…

New PMI Requirements Could Burden Homebuyers

NEW YORK – July 15, 2014 – The latest financial requirements proposed by Fannie Mae and Freddie Mac for private mortgage insurers could boost costs for low- and middle-income borrowers, insurers warn. The rules could raise prices, particularly for the most vulnerable future home buyers with lower credit scores and less money for down-payment, says…

Florida Aims To Be Headquarters For Driverless Cars

Tampa, Florida — Florida wants to save lives and create jobs by making you a passenger in your own car. The state has just announced Florida will be hosting a major national conference on driverless cars. The plan is to make Florida one of the world’s headquarters for automated vehicles. Florida is already one of…

Are First-time Homebuyers Making A Comeback

WASHINGTON – July 14, 2014 – The Current Population Survey for 2013 showed a drop in the percentage of 20-somethings living with parents, marking the first decline since 2005. As of now, the percentage drop appears minimal: Those aged 18 to 24 living with parents or a related subgroup dropped from 56 percent to 55…