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It's Time to Consider Turning Student Housing into a Real Estate Investment, Rather than an Expense

Student housing makes up the majority of costs when sending a child off to school. Instead of giving more of your money to the University or landlords, why not invest in Tampa real estate market and produce an income? SI Real Estate can assist you in locating a real estate property for your eager student that will provide safe, affordable housing, while at the same time contributing to your family’s investment portfolio and build your student’s credit while they are still in school. Now is an excellent time to take advantage of the real estate market’s drastically reduced prices and our historically low interest rates. An investment in a condo or townhome now could prove to be a valuable asset four, five, or six years in the future, after the degree is earned. Make graduation not only a joyous occasion, but also a lucrative one! Why not join the savvy investor minded families who are enjoying real estate investment properties? After graduation, rent your property or sell in for profit...

Would You Like to Buy a New Home But Lack the Necessary Finances to Make Your Dream Come True?

The dream of home ownership is now more accessible than it has been in years, and for many Americans owning a home is still the American dream. If you are not financially prepared, today’s excellent deals may pass you by. Try some of these money saving tips to add more cash to your future home fund: - Take a fixed amount from every paycheck and make sure it goes directly into your savings account. This can be a fixed percentage (10%) or a fixed amount ($200.00). - Create and closely watch your budget. Many people have no idea where there money goes every week or month. Watching where you spend your money may surprise you and you may not be so quick to buy lattes 5 days a week. - When you go shopping, make a list and stick to it. Get only what you need and forget about the extras that you don’t. - Cut back on utilities. Do you need all 10 HBO channels? Do you use 3-way calling? Probably not. Do away with them and you will be surprised by how much you will save each month. - Have a garag...

Tampa Bay Federal Credit Union is Planning an Expansion

When the Federal Reserve announced that they would acquire the debt and mortgage-backed securities (MBS) of Fannie Mae, Freddie Mac, and Ginnie Mae, homeowners across the United States rushed to lock in lower fixed-rate mortgages to preclude adjustments that were impending due to the acquisition of interest-only and adjustable rate mortgages (ARM’s). Consumers are getting smarter about their finances due to the current recession and the government is offering refinance programs that makes it even easier to get low fixed-rate mortgages. Here in the Tampa Bay area, we have seen several expansions due to the so-called “refinance surge”. One such expansion was an announcement last week from Tampa Bay Federal Credit Union (TBFCU). TBFCU has announced that they are expanding their Real Estate Lending/Servicing Division to handle the foreseen surge in the refinancing market. Dean Clark, Manager of Real Estate Lending/Servicing for TBFCU said, "In the first quarter of 2009, we have see...

Featured Property of the Week

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Waterfront, Custom Designed 2 Story Home for Sale. Just reduced by $100,000.00! Located in the Prestigious Keystone area of Odessa, Florida. If luxury is what you seek, this home is for you!! This spacious, 3300 square foot, 3BR, home has it all including 25ft. ceilings, a unique sunken great room, formal living and dining room, and a fantastic master suite with stunning lakefront views from the private balcony. The master bath/spa features dual sinks and Jacuzzi tub, while the enormous 10x20 walk in closet is sure to accommodate any size wardrobe. True hardwood floors, 18in ceramic tile, crown molding, and spiral staircase make this home a must see! The light and bright kitchen features an abundance of cabinet space, newer appliances, breakfast nook, and desirable island. Included in this amazing home are the modern conveniences of and oversized laundry room with new front loading washer and dryer and plenty of storage space. Relax by the enclosed pool, private lake front and enjoy th...

Foreign Investors Increasingly Interested in U.S. Real Estate Market

Tampa Bay Top Florida Investment Market International real estate investors are taking advantage of the U.S. real estate market’s excellent deals and those buyers with cash available see the American market as a very appealing investment, reaping excellent benefits and ensuring the best value for their money. Regardless of our current economic status, international buyers still see our market one of the safest and most secure investments. Interest in our real estate market has grown since the housing prices began to plummet and is expected to increase by more than 70% percent this year, according to a recent study by the Association of Foreign Investors In Real Estate ( AFIRE ). According to the Reality Times article “ International Investors Bullish on America; See Opportunity in U.S. Real Estate ” AFIRE conducts an annual survey at the beginning of each year and this year they found that their investment group, which controls the largest amount of money in the world – they have all ...

Tampa Bay Area Home Sales Are Up 17%

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There was great news for the Tampa Bay Area in regards to home sales last month. 2,839 homes were sold in the entire Tampa Bay Area with a median price of $135,000. These statistics illustrate a 17% increase in home sales for the same period last year, when 2,044 homes were sold. The median home price of $135,000 is a 25% decrease from $185,000 just one year ago. According to the President of the Greater Tampa Association of Realtors, Jack Rodriguez, “These statistics are extremely positive. Hopefully it signals a trend to better things ahead, both for real estate and the economy in general.” Forecasters at Moody’s www.Economy.com predict that home prices will bottom out at the end of this year nationwide. This prediction is largely based on the assumption that President Obama’s recovery efforts, which includes a 2009 tax credit of $8,000 to home buyers who have not purchased a home within the last three years, will have a huge effect. If you have any questions about the 2009 tax cred...

Featured Property of the Week

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Want to live on PRESTIGIOUS Harbour Island? Four different 2BR/2BA floorplans remain including townhomes and loft style. All units feature NEW upgrades including granite countertops and tile flooring in the kitchen and bat hrooms, wood flooring in 2/2 with split floor plan, separate dining room, large kitchen w/central island, crown molding. Great view of tennis courts. Walking distane to downtown and channelside. Several Units offering 3% closing cost credit, subject to financing qualifications, PLUS 42 inch flat screen TV installed and new stainless steel appliances can be applied to your new purchase. The Waterfront living will not last long and neither will the incentives! SI Real Estate Investments provides Real Estate in Every Way: all the real estate property services a buyer, seller, owner, or developer could want or need, and all with a unique level of quality and personalization. We concentrate on quality, not volume. We blend our 40-plus years of real estate knowledge and e...