Venice, FL Real Estate News

By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Direct from our Coldwell Banker Home Loans rep, credit requirements for borrowers that have Bankruptcy, Foreclosure, Deed In Lieu of Foreclosure, and Short Sale at a glance: Chapter 13 Bankruptcy: 2 years from the discharge date or 4 years from the dismissal date. Bankruptcy (all except chapter 13): 4 years from either the discharge or the dismissal date of the bankruptcy action. Multiple Bankruptcy Filings: 5 years from the most recent dismissal or discharge date is required for borrowers with more than one bankruptcy filing within the past 7 years.   Foreclosure: 5 years from the completion date. Additional requirements that apply after 5 years up to 7 years following the completion date: Purchases must be a primary residence with a minimum 20% down payment (in the State of Florida) a...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Even with the demand for quality homes, consumers expect more.  Ring in the New Year right by getting your home in shape.   Properties must be presented well and priced correctly if you want "top dollar" for your home.  What you do six months before you put your house on the market can make a difference of thousands of dollars more (or thousands of dollars less!) that you realize from the sale of your home. Most homeowners think their home will sell quickly, that their home is special and will bring a good price.  In fact, a lot of all new listings that go on the market eventually expire, with the home still unsold. As a homeowner, you have many important factors to consider when you're thinking about placing your home on the market.  Your home is your most valued possession.  You need ...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
  Property Update Report by Kari A. Battaglia For more information please call (941)-270-1851 The report summarizes listings sold, as well as active/pending listings for Pelican Pointe Golf & Country Club.  Listings summarized in the following table are based on information from the Mid Florida Regional MLS and/or other MLS Services.  Properties sold were not all listed by Coldwell Banker Residential Real Estate and were listed by various MLS participating offices.  Please note that For Sale By Owner properties are excluded because they often do not represent the full value of what they could sell for when properly priced and exposed to a greater number of qualified buyers through a professional real estate agent.  The most recent listings sold are shown in more detail below as they rep...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Property Update Report by Kari A. Battaglia For more information please call (941)-270-1851 The report summarizes listings sold, as well as active/pending listings for Sawgrass of Venice.  Listings summarized in the following table are based on information from the Mid Florida Regional MLS and/or other MLS Services.  Properties sold were not all listed by Coldwell Banker Residential Real Estate and were listed by various MLS participating offices.  Please note that For Sale By Owner properties are excluded because they often do not represent the full value of what they could sell for when properly priced and exposed to a greater number of qualified buyers through a professional real estate agent.  The most recent listings sold are shown in more detail below as they represent the best in...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Property Update Report by Kari A. Battaglia For more information please call (941)-270-1851 The report summarizes listings sold, as well as active/pending listings for Jacaranda West.  Listings summarized in the following table are based on information from the Mid Florida Regional MLS and/or other MLS Services.  Properties sold were not all listed by Coldwell Banker Residential Real Estate and were listed by various MLS participating offices.  Please note that For Sale By Owner properties are excluded because they often do not represent the full value of what they could sell for when properly priced and exposed to a greater number of qualified buyers through a professional real estate agent.  The most recent listings sold are shown in more detail below as they represent the best indica...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Venice Golf & Country Club Property Update Report by Kari A. Battaglia For more information please call (941)-270-1851 The report summarizes listings sold, as well as active/pending listings for Venice Golf & Country Club.  Listings summarized in the following table are based on information from the Mid Florida Regional MLS and/or other MLS Services.  Properties sold were not all listed by Coldwell Banker Residential Real Estate and were listed by various MLS participating offices.  Please note that For Sale By Owner properties are excluded because they often do not represent the full value of what they could sell for when properly priced and exposed to a greater number of qualified buyers through a professional real estate agent.  The most recent listings sold are shown in more detail ...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Guest Blogger - Lena Reid, BB&T Bank AVP, Mortgage Loan Officer FHA Property Flipping Rules -(Temporary Policy Change) HUD is taking action to expedite the sales of foreclosed properties to new homebuyers.  FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. Effective with Purchase Contracts dated on and after February 1, 2010, the 90 day Property Flipping Rule will not apply. This policy is temporary ONLY and has very strict conditions (SEE BELOW) to assure against predatory practices.   (Change is effective for a 1 year period unless otherwise extended or withdrawn by the FHA Commissioner.) This policy change will permit homebuyers to use FHA-insured financing to: • Purchase HUD-Owned Properties • Bank Owned Properties • Properties Resold t...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Guest Blogger - Lena Reid, BB&T Bank AVP, Mortgage Loan Officer FHA CURRENTLY HAS NO APPROVED CONDO PROJECTS - ALL PREVIOUS APPROVALS HAVE BEEN ELIMINATED! Due to recent announcements in the industry concerning condominiums, no previously approved FHA projects will be accepted for any loans! This change is effective with new applications on and after February 1, 2010. Discontinuance of FHA-Approved Condominium Projects It was announced by Fannie Mae and VA recently and by Freddie Mac today that the practice of accepting FHA-Approved condominiums on loans sent for purchase or guarantee is discontinued. As a consequence of the above - we must no longer accept FHA-Approved condominiums for ALL LENDING products, including but not limited to Conventional, all Government (except for FHA, of c...
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
                                                                                                                                                                                                                                                       You may find this hard to believe and while it has a moral, of some sorts, I don't know what it might be?        Up in the top drawer of our Hi-Boy Chest of Drawers resided 5 of my favorite sweaters, the garments               that we use on about 10  occasions all winter long down here in Paradise.  Of the 5, I used 1 or 2 most years and never the others. DUH, it finally donned on me to donate 3 of them to the Goodwill folks, who do so much good in all of our communities, right?  What motivated me was the receipt of a really nice oversized one...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
A friendly reminder:  Please visit the Sarasota County Property Appraiser's Office in South Venice to file for your 2010 Homestead Exemption by Monday, March 1st. For homeowners who bought their home in 2009 and had a Homestead Exemption already in place when you bought your home, you need to file for your own exemption by Monday, March 1st or you will lose the exemption.  When applying for the Homestead Exemption, you will need to bring several items listed below that serve as evidence of property ownership and Florida residence.  Married couples are required to bring this information for both spouses.  By the time you come into their office to file an application, it is very likely that your name will already be in their records showing you as the property owner.  However, it is recom...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
Another exciting event that the Venice Area Board of Realtors "Green Committee" is sponsoring, along with Sarasota Florida's Natural Awakenings Magazine, Tri County Air Conditioning & Heating, and BB&T Bank, is the Venice Area Green Living Expo to be held at Centennial Park downtown Venice on Saturday, April 10th, 2010.  Vendors have an opportunity to educate the public on Energy Efficiency, sources of "Green" materials, speakers with topics that include rebates available for consumers who convert to "energy wise" appliances, etc. Admission is free for the public.  To participate as a vendor: Cost: $50.00 for a 16x10 space Space is limited, approximately 100 spaces available at Centennial Park, downtown Venice Participants must bring their own table, electric, etc. For information email...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
This year will be the VABR (Venice Area Board of Realtors) Green Committee's 2nd year as a committee.  Our mission is "To be a resource for the preservation of our environment and natural resources as it pertains to real estate." To help raise awareness of Green Living to the Venice FL community and to help raise money for the VABRs Habitat For Humanity Fund (we are half way there); the "Green Committee" has organized the Venice 5K Run and 1 mile Fun Run to be held at the corner of Beach Road and Harbor Drive in Venice Florida on April 18th, 2010 to kick off Earth Week. This pet friendly event will be fun for everyone.  Registration is $20 for adults and $10 for children ages 18 and under.  The course begins at corner of Beach Road and Harbor Drive and goes to Caspersons Beach and back....
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
Wait until the Last Freeze Before Trimming Those Damaged Shrubs in Florida, Yes, it usually makes good sense to leave things as they are until after thelast frost/freeze. Weather patterns are usually long term in their reach and repeat both "good" and "bad"spells. So, the odds are at least fair that we, in Florida, will get another "blast" from the North this winter.The plants that suffered freeze or frost damage this week may even be helped if you leave the trimming until March, because they have sealed off the deadtissues  from the living tissues.  Remember, they are living organisms and have innate mechanisms for coping with damaging influences, like freezes.  The damage is usually restricted to foliage tips, unless subjected to "killing frost or freeze".  To make further cuts of the...
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
    The weather woman has said that the odds are good for freezing weather in Venice Florida and the neighboring parts of Paradise within the coming 5 days!  I see all kinds of covering being installed over shrubs of small to medium size, but most of what I see could be labelled "I Feel Good Attempts".  I mean that the installer feels that they have done their "poor, helpless shrubs" a big favor, when usually they have done nothing to prevent 28-32 degree weather protection. The key to really helping a plant avoid freeze damage is to thoroughly cover the plant with a blanket or fabric tarp ALL THE WAY TO THE GROUND!  Why? sez you. Because the goal is to keep the plant warm long enough for the chill to pass, about 7-9:00 in the morning, and you need to use the good old warm EARTH for hel...
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
  I Posted (see my Featured Post on e-Pro Group) a month ago about not being able to send e-mails to unknown numbers of customers, including my wife sitting 6 feet away with her laptop.  I have spent hours, literally, all over the Internet Forums on many subjects dealing with mail, smtp, and much more.  Yesterday I ran across a comment somewhere that said "Not only can Mail sent to Comcast.net recipients be Spam-Blocked (we all know that), but the Sender can be permanently Blocked from any future transmissions, without any notification provided to any one!"   Sure enough I found that 3 of my Comcast.net'ers, my broker, my associate and wife all use Comcast.net.  Apparently, back in early November I did something that put me into 'permanent' SpamBlock.  Ironically, it was about that time...
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
Read All About Recycling that treasured Christmas Tree that brought such cheer to you, your family and friends!  There is a right way and a wrong way, like in most of life's challenges, so read about it at this link here.  What a wonderful thought:  That Tree that brought such JOY can now become MULCH and continue serving the landscape as mulch.  There have to be some guidelines/rules or the Recyclers would be at curbside for hours taking off decorations, bags, etc. You will have a good time with this disposal project and maybe even increase you recycling efforts in the future!
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
  My Friends in The Rain, I'll swear that I got here 5 minutes late and yet I got these spectacular shots!  On the left, it was as though the beach was on fire, and the other photogs said you should have seen it.....  On the right, it showed a somewhat eery look just a trifle right of the "fire".  I hope that you Rain-People  get some really spectacular sunsets this winter and some warm weather early in the Spring to shake those winter doldrums soon.  Be sure to look West on evenings when there is decent cloud "texture" on or near the horizon.  I remember a few months ago taking an unbelieving Hoosier to the beach at sunset but without cloud "texture" the glowing sun merely set as an Orange Ball in a perfectly clear sky. I was thoroughly disappointed; he said it was spectacular.  What d...
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
Both pictures taken within 30 minutes of each other on 12/30/2009.  The Blue Moon at Dusk and the Sunset looking the other way (West) in Venice Florida. JAPDIP..."Just Another Perfect Day in Paradise"...we are always proud to say! Hey, what do you know about the "Blues"?  There are close to 29.5 days between Full Moons and when both occur in the same Month, they are BLUE.  So, they occur about every 2+ years, but only every 19+ years on the last day of the year....so, Get outside now, blow the clouds away and use the exclamation...WOW! Tell me some of the stories (myth) about what happens tonight????  
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By James Bath, REALTOR® , AHWD® , SRES® ,e-PRO®
(Gulf Shores Realty)
What a Thrill it was for this Biologist!!!  Shortly after 10 AM, when up in the sky behind a lake (pond) and wild area at Saint Andrews East in Plantation Golf & Country Club, it looked like a "swarm" of African Locusts, but they were PURPLE MARTINS!  My Canadian friends quickly alerted me to the Identification...Purple Martins, both adult and sub-adult, had just arrived from their non-breeding grounds in South America, and by the thousands they arrived.  I had never seen so much diving, turning, diving and at times with hundreds in almost synchrony.  My "expert" Canadian-Physician friend puts up his re-carpeted (YES, re-carpeted) Purple Martin Condominium every Spring for nesting/breeding, and he is very successful, says he!  So, these were 'HIS" Purples swarming around on their way ba...
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By Kari Battaglia, PA, Love Where You Live
(Veterans Realty Inc)
The number of properties available for sale in the Venice/Englewood area real estate markets are continuing to decline, down -36.51% from the same month one year ago; 3113 single family homes for sale to 1977, sales that are pending in the area are remaining strong for November 2009, up over 25% from one year ago; 240 properties pending to 336 properties pending and closed sales have increased from one year ago today by 25%, from 180 properties sold to 225 for month of November:* an indicator of buyers interest in the Venice/Englewood real estate market. Even though the number of homes available for sale in our area continues to decline, we are still in a Buyer's market. If you are considering selling your home there are steps you can take to ensure a successful sale.     Contact Kari A...
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