Cyril Beaton's Page

From the buyer you can count on it. After weeks or months you finally get the approval letter from the third party. "The Bank". Next step is the "inspection" by the buyer. As a listing agent you tend to hope it goes well but in reality there will be issues. In my experience after a day to digest the inspection the buyer via the selling agent will want something! "The inspector found that the breaker box may not be up to code and suggest that the seller pays part of the replacement…

Tampa Bay home sales in August grew by about 13% over August 2011 a positive indication toward a recovery of the local market. Roughly 3000 homes sold in Pinellas, Hernando, Hillsborough and Pasco Counties. (According to MFRMLS)

Foreclosure sales were down about 23% however conventional sales and short sales were each up about 24.5%. Median prices $171,000.00 (Conventional) and $105,500.00 (Short Sales).

What was the number…

It’s

Just Not Funny!

Bank of America Corp, Wells Fargo &

Co, JPMorgan Chase & Co, Citigroup Inc and Ally Financial Inc

–( And many

other banks) settled with states for $25 billion April. Last

month, the

monitor overseeing the settlement reported that those lenders provided

$10.6

billion…

In Pinellas County Florida during July foreclosure filings were up 80% from this time last year. Obviously there’s a back log ready to hit the market however since Florida takes about 700 days from start to finish on a foreclosure; properties are expected to drip onto the market.  Currently there are just over 300 in the entire county. (…