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Todd Rivers

March 2009 - Posts

Single Story For Sale in Eagles Point Condo
Wterfront Complex • 132 sq. ft., 2 bath, 2 bdrm single story - MLS® $75,000 - Nice 55+ Community Eagles Point Condo, Port Richey - You must see this spacious 2 bedroom 2 bath condo located in a 55+ community. This is a very desirable waterfront Read More...

Posted Monday, March 30, 2009 4:51 PM by Todd Rivers - Broker | 0 Comments

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Price Reduced on 1 Old Dixie Hwy in Gulf Side Acres
Gulf Side Acres, Hudson - Announcing a price reduction on 1 Old Dixie Hwy, a lot / land. Now MLS® $49,900 - . Property information Read More...

Posted Thursday, March 19, 2009 7:10 AM by Todd Rivers - Broker | 0 Comments

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Price Reduced on 2381 Podocarpus Way in Shady Oak Farms
Shady Oak Farms, Clearwater - Announcing a price reduction on 2381 Podocarpus Way, a 1,885 sq. ft., 3 bath, 3 bdrm single story. Now MLS® $289,000 - . Property information Read More...

Posted Thursday, March 19, 2009 7:06 AM by Todd Rivers - Broker | 0 Comments

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Mortgage fraud up in U.S., but dips slightly in Florida
MIAMI – March 17, 2009 – Tighter underwriting standards weren't enough to deter consumers and crooks from submitting bogus mortgage applications in 2008. Reports of mortgage fraud rose by 26 percent nationwide compared to the prior year, Read More...

Posted Wednesday, March 18, 2009 12:43 PM by Todd Rivers - Broker | 0 Comments

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New-home construction logs unexpected gain
WASHINGTON (AP) – March 17, 2009 – The number of new housing projects that builders broke ground on in February rose sharply, defying economists' forecasts for yet another drop in activity. The Commerce Department reported Tuesday that Read More...

Posted Wednesday, March 18, 2009 12:42 PM by Todd Rivers - Broker | 0 Comments

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Single Story For Sale in Beacon Square
• 988 sq. ft., 1 bath, 3 bdrm single story - MLS® $69,900 Beacon Square, Holiday - This move in ready home is in mint condition and is located minutes from the Gulf of Mexico. This home has recently been redone inside with newer cabinets and Read More...

Posted Wednesday, March 18, 2009 12:40 PM by Todd Rivers - Broker | 0 Comments

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Survey: Americans’ low insurance IQ hurts finances
CHICAGO (AP) – March 10, 2009 – Americans are lacking in basic knowledge about insurance that might help their finances during the recession, according to a new survey. In fact, we know a lot less about insurance than we think we know, according Read More...

Posted Wednesday, March 11, 2009 12:32 PM by Todd Rivers - Broker | 0 Comments

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Owners’ heartbreak, buyers’ bargain as Orlando-area foreclosures mount
ORLANDO, Fla. – March 10, 2009 – Real-estate agent Bryant Tutas says he gets 20 to 30 e-mails a day from United Kingdom investors who tell him essentially the same thing: “I want to buy a house. I want to buy a house today. I’ve Read More...

Posted Wednesday, March 11, 2009 12:31 PM by Todd Rivers - Broker | 0 Comments

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Nonprofit adds home refinancing initiative
WASHINGTON – March 10, 2009 – HOPE NOW, a nonprofit alliance of mortgage companies, housing counselors and others in the lending business, has added a new tool to its website enabling homeowners to initiate a loan modification or refinance Read More...

Posted Wednesday, March 11, 2009 12:30 PM by Todd Rivers - Broker | 0 Comments

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FHA mortgage ‘instant defaults’ mounting
WASHINGTON – March 9, 2009 – A rash of “instant defaults” in recently issued Federal Housing Administration mortgages is due to foul play among unscrupulous lenders, officials say. An analysis of available data by The Washington Read More...

Posted Wednesday, March 11, 2009 12:29 PM by Todd Rivers - Broker | 0 Comments

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DBPR accelerates licensing for appraisers, approves FSU pilot program
ORLANDO, Fla. – March 9, 2009 – College graduates hoping to become real estate appraisers may be able to go through an accelerated licensing process under a new initiative, which seeks to eliminate submission of college transcripts as part Read More...

Posted Wednesday, March 11, 2009 12:28 PM by Todd Rivers - Broker | 0 Comments

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HUD seeking comments on RESPA’s “required use” definition
WASHINGTON – March 9, 2009 – The U.S. Department of Housing and Urban Development (HUD) announced on Friday that it intends to seek further public comment on how to define the scope of a prohibited practice called “required use” Read More...

Posted Wednesday, March 11, 2009 12:27 PM by Todd Rivers - Broker | 0 Comments

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Markets face ‘irrational pessimism’
NEW YORK – March 9, 2009 – You’ve heard of “irrational exuberance,” right? That’s the expression Alan Greenspan coined more than a decade ago when he warned that investors could be bidding stock prices too high. His Read More...

Posted Wednesday, March 11, 2009 12:26 PM by Todd Rivers - Broker | 0 Comments

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State Farm requesting hearing on Florida exit terms
TALLAHASSEE, Fla. – March 9, 2009 – State Farm Florida asked for a hearing Friday to appeal the state’s conditions for the company’s planned exit of Florida’s property insurance market. Meeting Friday’s deadline, State Read More...

Posted Wednesday, March 11, 2009 12:25 PM by Todd Rivers - Broker | 0 Comments

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Florida emergency chief Craig Fugate to lead FEMA
TALLAHASSEE, Fla. – March 5, 2009 – Craig Fugate, who guided Florida’s disaster response through vicious back-to-back hurricane seasons, has been tapped to head the Federal Emergency Management Agency. Fugate, 49, said goodbye to staffers Read More...

Posted Friday, March 06, 2009 1:33 PM by Todd Rivers - Broker | 0 Comments

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State Farm exit causes headaches
TAMPA – March 5, 2009 – Teresa Jackson, a State Farm policyholder for 18 years, has been looking for replacement coverage since State Farm announced, in late January, plans to pull out of Florida’s property insurance market. After weeks Read More...

Posted Friday, March 06, 2009 1:32 PM by Todd Rivers - Broker | 0 Comments

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Fed official: Commercial real estate weaknesses could further strain market
MIAMI – March 5, 2009 – The decline in the housing market has been well-documented, but a high-ranking Federal Reserve official told a Miami audience on Wednesday that he has been paying more attention lately to weakness on the commercial Read More...

Posted Friday, March 06, 2009 1:32 PM by Todd Rivers - Broker | 0 Comments

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Foreclosures drove up 2008 U.S. home sales
WASHINGTON – March 5, 2009 – Foreclosures drove U.S. home sales up 7 percent in 2008 after a 40 percent plunge the prior year, with eligible buyers lured by deep discounts and low loan rates, according to real estate data company Radar Logic. Read More...

Posted Friday, March 06, 2009 1:31 PM by Todd Rivers - Broker | 0 Comments

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Obama Administration’s housing plan launches
WASHINGTON – March 5, 2009 – The Obama administration kicked off a new program Wednesday that’s designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments. Read More...

Posted Friday, March 06, 2009 1:30 PM by Todd Rivers - Broker | 0 Comments

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Florida Legislature returns Tuesday to face painful budget cuts
TALLAHASSEE, Fla. – March 2, 2009 – Florida lawmakers will greet the start of their 60-day legislative session Tuesday feeling like they’re in the movie Groundhog Day: No matter what they do, they keep facing the same painful reality Read More...

Posted Monday, March 02, 2009 3:48 PM by Todd Rivers - Broker | 0 Comments

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Fannie Mae stops cutting real estate commissions in a short sale
WASHINGTON – March 2, 2009 – Real estate commissions are now protected in some short-sale transactions. In response to Realtor concerns, Fannie Mae announced that “preforeclosure sales may not be conditioned upon a reduction of the total Read More...

Posted Monday, March 02, 2009 3:46 PM by Todd Rivers - Broker | 0 Comments

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