Steve Busse's (sbusse) Blog

New to Market,  Immaculate 3 bed , 3 full bath, 2 car, Pool Home,  Prime North Redington Beach location.  Easy walk to beach and across from city park.   Open deep water views.  Home completely updated.  Open floor plan,  Watch sunrises and sunsets from the large dock.  6000 boat lift.  Home is h...

Restructure - short sales, should we stick it out or move on..the big question. Everyday that's the question I get from friends and clients.  Its a tough decision for anyone.  It comes down to doing the math.  If you are already upside down its easier.  If you tried to restructure ( good luck) a...

Short Sales , St Petersburg Fla .For those of us that have witnessed our homes value decrease due to a neighbors home selling under a short sale or a foreclosure be prepared for its not improving for awhile.  Fed is still allowing appraisers to select shorts and foreclosures to complete appraisa...

New to Florida, or new to any new area and considering a bank?  You may want to consider how that bank reacted in the crisis.  How it took money and utilized it.  Who is helping us move inventory so you and I dont have a house next door vacant for 12 months with grass high and pool green.  Who is...

If you do decide to get into the short sale marketplace, aka long sale marketplace its imperative you find the right agent.  Why,  lack of experience will waste your time and reduce your chances of getting a home dramatically. When I take a short listing its imperative to determine,  how many lo...

Short sale or rather Long sales are still on the increase.  From my perspective as a realtor here in Florida, we are seeing a total disregard by most of the banks to ramp up staffing to handle the load timely.  Here in the St Petersburg and Clearwater real estate markets it is taking 5 to 7 month...

It is imperative that you hire a real estate agent to help you through the short sales home process.  A real estate agent is an expert in the housing market and if you want to make a short sale as profitable to you as you can, you will need someone that is truly on your side.  The only person you...

Recently, there have been some new rules when it comes to appraisals say Fannie Mae and Freddie Mac representatives. These companies as well as many others make lenders obtain a home appraisal. The new rules include the fact that homes are raising appraisal costs as much as 20-30%.  This is bad n...

The past several months have been some of the worst Americans have seen, not only in the real estate market, but many others as well. The constant loss of jobs and family incomes has had a snowballing effect on most every other area that ultimately has an effect on the economy. The real estate ma...

According to studies that have recently been done in regards to purchasing a home, it appears that 25% of Americans plan on purchasing a home in the next five years.  This is great news to real estate agents.  Just the fact that people intend to populate the market again and start purchasing home...