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USDA Loan offers 100% financing on rural housing developmentThe USDA (United States Department of Agriculture) offers a barely known 100% loan financing program, called the USDA loan, that can help lower income families purchase homes. With funding up to 100% of the homes purchase price, payments on this mortgage are based on the household’s adjusted gross income. Commonly called Section 502 loans, this rural housing development government loan program offers some advantages to those who are unable to obtain conventional financing.

A few advantages of this program include: 

• No down payment with 100% financing
• No maximum purchase price
• The home-buyer’s closings costs may come from any source, including gift money
• Home improvement and repair monies can be included in the loan
• 30 year fixed rate loans
• No minimum credit score
• Mobile homes on land can be eligible

Normally, the home purchased will need to be in a rural area with modest prices for the area. The homebuyer’s income typically will also need to be below the median income for the area. 

Take a look at the USDA links below… they will allow you to search for eligible properties by address. You can also find the maximum income allowed based on geography and family size. You will be amazed at how many properties can qualify for this government loan program that are located just minutes from town. Some of the more developed locations like New Tampa, Fishhawk and Riverview suprised me that they too qualified for this type of loan! 

Click here for USDA Loan Application or call (800)975-7205 for more info.


Great Deal on Furnished Golf Frontage single family home in Del Web, Sun City Center, FL

Front Exterior
Golf Course Frontage!

• 1,852 sq. ft., 2 bath, 2 bdrm single story MLS® $125,000 – Best Priced Golf Frontage


 –  Live on the 9th hole in the awesome 55+ active adult golf community of Sun City Center. This charming move-in ready, well taken care-of FULLY FURNISHED home, features solar film on all windows to keep the electric bill low, an reverse osmosis filter in the kitchen, water softner, large windows which overlook the golf course, and an attached workshop which can also house your golf cart. Master bath features handicap accessible shower while the other bathroom has a shower/tub combo. Walk to the community center or golf club which are just around the corner. Roads are golf cart friendly which makes short trips fun. There are many activities always going on in this community. Come see how fun retirement can be!

Go get your $7,500 15-year interest free loan from the government 
Tax credit offered to new homebuyers (Expires June 30, 2009)!

Who is eligible?
– First-time homebuyers or any homebuyers who have not owned a principal residence in the last three years.
read more

Florida’s state Supreme Court finally came up with the reasons they rejected the much hyped Amendment 5 up for voter approval this year that could have reduced Florida real estate property taxes up to 40%. In a nutshell, the Supreme Court did not like the wording used in the proposal and did not like the fact that the money being taken away from the school system would only have a 1 year guaranteed replacement. This decision comes as a huge disapointment for the millions of people looking for immediate tax relief in this “non-recession”.
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According to a recent national survey by J.D. Power and Associates, Keller Williams Realty has received the highest overall satisfaction ratings from home buyers among all the largest, full-service real estate firms in the country! The study measures home buyers’ customer satisfaction and the results were determined in three categories, including satisfaction with their agent, office and services provided. Keller Williams Realty topped all three areas, therefore receiving the highest score in overall satisfaction. read more

President Bush signed a new law July 31st, part of the Housing and Economic Recovery Act of 2008, which will eliminate down payment assistance to home buyers from the seller on FHA loans starting October 1st, 2008. I wonder how this will effect the Tampa Florida real estate market?  read more

TAMPA – Two housing reports Tuesday offered more hope that a turnaround in the real estate market may be slowly emerging.

The Standard & Poor’s/ Case-Shiller home price index released Tuesday shows the rate at which Tampa-area prices are falling has leveled off. Prices fell 20.1 percent in June from a year ago, almost identical to the 20.2 percent decline in May and 20.4 percent drop in April. read more

The market for the average priced U.S. residence may be soft, but the über rich (especially the Russians) continue to drive prices up at the very top of the world’s luxury market.  Case in point — Villa Léopolda, one of the most historic estates on the French Côte d’Azur, is now under contract by an anonymous Russian billionaire for $750 million (€500m).  This three-quarters-of-a-billion dollar sales price sets a new record for the most expensive home sale in the world. The previous record was set earlier this year by Indian billionaire Lakshmi Mittal, with the reported purchase of a London home for his son for an estimated $236 million. 

“While the French Villa is a fabulous property, this sale does put into perspective the value U.S. properties represent,” said Michael Valdes, a luxury home expert with Keller Williams Realty in Tampa, FL. “The most expensive residence on the market locally is listed for just $25,000,000. A masterpiece of architectural design and timeless elegance, this magnificent gated estate is situated on over five acres overlooking golf course, pond and conservation within Avila, Tampa Bay’s premier private gated country club community. Encompassing over 28,000 square feet of beautifully designed air conditioned space, this compound with attached guest quarters features 10 bedrooms, 10 full and 3 half baths, ballroom, richly paneled library, 14 fireplaces, elevator, wine room, pool and spa with cabana, basketball court, terraces and balconies.”

Villa Léopolda, a cream-colored, turreted mansion with two guest houses, is midway between Monaco and Nice overlooking Cap Ferrat, near Villefranche-sur-Mer.  The villa was originally built about 1902 by King Leopold II of Belgium. The grounds are regarded as among the most spectacular on the Côte d’Azur.  Fifty full-time gardeners look after 20 acres of gardens and terraces, planted with 1,200 olive, orange, lemon and cypress trees.

The property’s new owner is said to be a Russian oil oligarch but not – despite initial rumors – Roman Abramovich, the highly visible owner of Chelsea Football Club, who already owns a €100m mansion near Antibes.

According to the Nice-Matin newspaper, a contract was signed last week to transfer ownership of the villa from Lily Safra, the widow of Edmond Safra, a murdered banking billionaire.  Rumor has it that Mrs. Safra held out for months as the persistent mystery buyer kept raising his offering price.  The paper also reported that 60 villas or mansions on Cap Ferrat are now owned by wealthy Russians.  

The property has a unique history.  In 1916, King Leopold’s nephew and heir, King Albert I, turned the villa into a hospital for officers wounded during the First World War. It later passed into the hands of the Agnelli family – Fiat automotive tycoons — and became the scene in the 1960s for legendary jet-set parties attended by Frank Sinatra, Ronald Reagan (in his acting days) and other celebrities.

“This sale raises the bar and makes the half dozen or so $100 million U.S. properties on the market seem like bargains,” said Laurie Moore-Moore, Founder of The Institute for Luxury Home Marketing, a US-based organization which trains real estate agents who work in the luxury market and awards the international Certified Luxury Home Marketing Specialist designation.  “Today’s affluent are citizens of the world and the successful luxury agent must know how to reach them and what lifestyles they are seeking. It’s an exciting and active market for agents at the top.”

TAMPA – As Florida’s coffers shrink in the face of a dour economy, confusion over a tax statute threatens to choke the flow of home sales at a time when the state is struggling under the burden of millions of unsold properties. The problematic statute mandates how much tax people pay when they sell a house.

In typical transactions, the law is clear about paying taxes on the price of the property, but as lenders agree to more short sales – allowing troubled owners to sell homes for less than the mortgage and writing off the rest – there’s disagreement over how much tax to charge.  read more

Millionaires are increasing in the Tampa Bay area. Last year millionaires grew by an average of 4.2% in the US, but an astounding 7.4% in Tampa Bay (based on data from market researchers at Claritas)! Tampa is projected to be a top 5 growth market among US cities over the next 5 years. This brings the need for Tampa luxury real estate experts to help those millionaires buy and sell high end homes. Luxury homes usually need to be handled buy a specialist due to their sensitive and demanding nature. For the few Tampa luxury Realtors who have carved out this niche, the job is hard but worth it especially in this buyer’s market.

Luxury home sellers normally expect marketing to increase when the going gets tough in order to help find that particular buyer, but many agents in this rough market have cut back their spending due to losing tens of thousands of dollars on marketing exclusive luxury homes for sale and never getting paid when the listing expires. One way the luxury specialist has circumvented this problem is to bring in joint advertising with the seller. With the homeowner funding a portion of the advertising expense, the agent is then able to regain focus on marketing to a specific group of potential buyers without taking the huge risk of losing big. 

Luxury home buyers on the other hand have it great! They have their pick of properties and get amazing deals, that with the right agent, on homes which will never even see the public market. For more information on purchasing or selling Tampa luxury real estate, check out the following link:

RSS Tampa FL Homes for Sale

  • - MLS# T2904648 September 25, 2017
    Last Update: Mon, Sep 25th 2017 12:34 pmProvided courtesy of Christopher Nowicki of Keller Williams Tampa CentralMultiple office configurations within the building. The second floor is available and is 2,853 sf total and can be divided into two separate offices. The first floor has a tenant in one half of of the building with 3,025 sf available. 5,225 sf Pro […]
  • Seven Oaks Parcels S-16 & S-17A - MLS# T2889036 September 25, 2017
    Last Update: Mon, Sep 25th 2017 12:30 pmProvided courtesy of Angela Thompson of Keller Williams Tampa CentralBeautifully upgraded Home Located in the desirable SEVEN OAKS Community in Wesley Chapel. This home offers 2,079 Sq Ft of living space, open floor plan with 4 Bedrooms, 2 Baths and a 2 Car garage. Upgraded 20” Porcelain tile throughout, 5” baseboa […]
  • Covington Park Ph 5B - MLS# T2890914 September 24, 2017
    Last Update: Sun, Sep 24th 2017 2:05 amProvided courtesy of Heather Valentino of Keller Williams Tampa CentralThis beautiful 3 bedroom, 2 bathroom, 3 car garage is located on a nice quiet cul de sac in Covington Park. The wide open floor plan includes a gourmet kitchen with a center island, breakfast bar, and solid surface counter tops, a formal dining room, […]
  • Beach Park - MLS# T2904057 September 24, 2017
    Last Update: Sun, Sep 24th 2017 2:03 amProvided courtesy of Kimberly Stewart of Keller Williams Tampa CentralPrime Beach Park location. Plant District. Master on main and full bath. Formal living room, formal dining room, fireplace in family room. Full outdoor kitchen, bath and laundry room. 2 car detached garage. Minutes away from I-275, Veterans Expressway […]
  • Sanctuary On Livingstone Ph 04 - MLS# T2898833 September 24, 2017
    Last Update: Sun, Sep 24th 2017 2:03 amProvided courtesy of Angela Thompson of Keller Williams Tampa CentralJUST COMPLETED, NEVER LIVED IN!! Price reduced for quick sale, WONT LAST!! This stunning Mediterranean-style residence is a must-see featuring 4,846 square feet of indoor living space with 4 bedrooms, 4.5 Baths and 3 car garage situated on 1.3 acres an […]
  • Hill N Dale - MLS# T2888955 September 24, 2017
    Last Update: Sun, Sep 24th 2017 2:03 amProvided courtesy of Gail Sardegna of Keller Williams Tampa CentralREDUCED!!!! First time Home Buyer or Downsizing this 2 bedroom 2 bath home features Ceramic tile throughout with Bonus Room Featuring Laminate Floors. Stainless Steel Refrigerator and Range in the over-sized eat in kitchen are just some of the features y […]
  • Keysville Estates - MLS# T2870637 September 24, 2017
    Last Update: Sun, Sep 24th 2017 2:03 amProvided courtesy of Michael Valdes of Keller Williams Tampa CentralWOW... Check out the amazing Video Virtual Tour of Lithia's most unique equestrian estate!! If privacy & your own rules is what you desire, come and see this 40 acre retreat with its own trails, creeks & wilderness. This Mediterranean style […]
  • Belvedere Place - MLS# T2894305 September 24, 2017
    Last Update: Sun, Sep 24th 2017 2:03 amProvided courtesy of Linda Leban of Keller Williams Tampa CentralBeautifully renovated 3 bedroom 2.5 bath bungalow with an office! Brand new features include kitchen, stainless appliances, bathrooms, flooring, electrical, plumbing, lighting, fans, blinds, paint exterior and interior, roof, ac, landscaping, doors, fixtur […]
  • - MLS# T2904822 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 6:28 amProvided courtesy of Christopher Nowicki of Keller Williams Tampa CentralGreat office for lease on busy Dale Mabry. This professional office is turn key and ready for an attorney, CPA, mortgage broker or real estate firm. It has 4 offices, bull pen, conference room, reception, waiting room, kitchen and 3 bathrooms. Ther […]
  • - MLS# T2904742 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 6:28 amProvided courtesy of Christopher Nowicki of Keller Williams Tampa CentralGreat investment for buy and hold.
  • - MLS# T2904761 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 6:28 amProvided courtesy of Christopher Nowicki of Keller Williams Tampa CentralPut your business in a professional setting in the heart of New Port Richey. The office is walking distance of the restaurants and other amenities downtown has to offer and is just over 3 miles from the Pasco County Clerk of Court. The office is a […]
  • Port Tampa City Map - MLS# T2904894 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 6:28 amProvided courtesy of Randy PA of Keller Williams Tampa CentralSolid Block 3 bedroom 2 bathroom home built in 2005. Property located on an over-sized lot and built off the ground to protect property. Highlights include: Brand new carpets, Brand new faux-wood window blinds, brand new refrigerator w/ icemaker, brand new di […]
  • Maxwellton Sub - MLS# T2904708 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 6:27 amProvided courtesy of William Lolly of Keller Williams Tampa CentralThis charming Seminole Heights bungalow was tastefully updated to give you that 1920's feel with modern touches. The home features an open floor plan, wood and tile floor throughout, newer roof, 1/2 bath on main floor, and new light fixtures. The ki […]
  • Beverly Heights - MLS# T2904439 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 6:26 amProvided courtesy of Kris Wynn of Keller Williams Tampa CentralCome see this house with a lots of extras. Great Stater home!! This lovely house has a spacious family room with hardwood floors. Has a jetted tub and also recess lighting in the kitchen and one of the bathrooms.Light cosmetic update needed to kitchen island […]
  • - MLS# T2904728 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 2:06 amProvided courtesy of Christopher Nowicki of Keller Williams Tampa CentralTired of paying rent? 2 retail spaces available for sale. One is built out as a barber and the other is built out as a dance studio. Put your business in one side and rent out the other side. Have your tenant make most of your mortgage payment.
  • Tampa Palms Area 04 Rep - MLS# T2903071 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 2:06 amProvided courtesy of Nicholas Buchanan of Keller Williams Tampa CentralAn elegant Single Family Home located in one of the most sought out and beautifully maintained areas of Tampa in Ashington at Tampa Palms. Its all about the upgrades in this 4 bedroom/ 3 bath home. It features crown molding throughout, hard wood floo […]
  • Oakmont Twnhms - MLS# T2904945 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 2:04 amProvided courtesy of Michael Valdes of Keller Williams Tampa CentralLuxurious Townhome at Oakmont Townhomes, just 2 blocks from Bayshore Blvd. in the heart of South Tampa. This 2,210 sq.ft. unit has 3 beds & 2 1/2 baths was built to last! It is all block construction on all floors! It is fitted with fire sprinklers […]
  • Rivercrest - MLS# T2904760 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 2:04 amProvided courtesy of Veronica Wages of Keller Williams Tampa CentralA few blocks away from the Hillsborough River, fall in love with beautiful renovation of this Mid-Century Block Bungalow in the Rivercrest neighborhood of Old Seminole Heights. Bright and airy, this home features restored hardwood floors throughout the […]
  • Hampton Terrace - MLS# T2904756 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 2:04 amProvided courtesy of Carey Lewis of Keller Williams Tampa CentralLive the SEMINOLE HEIGHTS lifestyle in this stunning 1925 Bungalow nestled in HISTORIC HAMPTON TERRACE. This 3 bedroom 2 bathroom beauty has all of the era specific features you love about vintage bungalows such as Craftsman Trim, Hardwood Floors, Glass Do […]
  • Palma Ceia Park - MLS# T2903639 September 23, 2017
    Last Update: Sat, Sep 23rd 2017 2:04 amProvided courtesy of Harvey Petty of Keller Williams Tampa CentralGREAT Palma Ceia location on brick street, and under $350K. This 2/1 cape style bungalow with fireplace has wonderful potential, with almost 1350 gross square footage under roof. It also has a large one car detached garage. The home does need some TLC, in […]