Frank Petras's (frankpetras) Blog

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Real Estate Agent - John R. Wood, REALTORS
RECENT BLOG POSTS
   Congress clears bill to ease flood insurance hikes Naples homeowners no longer have to worry about flood insurance premiums rising when they buy a home in Naples or anywhere in Florida.  The bill, H.R. 3370, no longer requires the cost of flood insurance to readjust upon the sale of a home in ...
03/24/2014
  When it was time for RISMedia to release a luxury market forecast for 2014, the industry leading publication turned to the experts at Luxury Portfolio for insight, and as a luxury home specialist in Naples, FL I want to share this news with you. Non-US residents accounted for 60% of all luxury ...
02/25/2014
  Great news for luxury home buyers who may prefer getting a jumbo mortgage instead of paying cash, as many home buyers in Naples choose to do.   Buyers looking at luxury properties can obtain jumbo mortgages with interest rates that are on par with, and sometimes even lower than, conventional lo...
02/22/2014
The engine is on, but what is driving the home buyers into Naples, FL?  According to Trulia, the polar vortex, bringing record-breaking low temperatures to large swaths of the country, is prompting more house hunters to search for homes in warm-weather climates.    With every 10-degree drop below...
02/14/2014
  Have you ever wondered who writes the vivid advertising descriptions of the homes listed for sale in your area?   It could be the home owner, but more than likely it is the trusted Realtor.    Your Realtor is your marketing expert and as such, is required to write catchy phrases that describe y...
02/04/2014
  New consumer protection rules in effect as of Jan. 18, 2014 give mortgage applicants more information on why a loan is accepted or rejected.   The new rules will help identify cases of discrimination, and empower buyers by providing appraisals and other data early enough that the buyer can cont...
01/30/2014
  New consumer protection rules in effect as of Jan. 18, 2014 give mortgage applicants more information on why a loan is accepted or rejected.   The new rules will help identify cases of discrimination, and empower buyers by providing appraisals and other data early enough that the buyer can cont...
01/26/2014
  A budget bill expected to pass Congress and become law includes language that offers a bit of flood insurance relief for some homeowners, and a ray of hope for all owners impacted by rapidly rising premiums for flood policies issued under the National Flood Insurance Program (NFIP).    The law ...
01/16/2014
Located within Pelican Bay and just steps from the white sandy beaches of the Gulf of Mexico you will find one of Naples most luxurious and exclusive of all communities, Bay Colony.  Bay Colony offers gracious living, exceptional style, and superior services in a naturally beautiful setting.  Res...
11/13/2013
  Southwest Florida Homes Seeing Price Increases Due to Low Inventory and Strong Buyer Demand As of October 2013, available inventory in the combined Naples, Bonita Springs and Estero market stands at 5,075 units (2,494 single family homes and 2,581 condominiums). This represents a 4.9 month supp...
11/10/2013
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