Most banks and home lenders are now capping home equity loans and lines of credit at 90% of the homes value. The reason for this is that lenders fear that home values will actually decrease and therefore increase their risk that a home owner will just walk away from their home. Home lenders are starting [...]
Archive for February, 2008
Home Lenders cap home equity loans at 90% or less
County Commissioner’s meeting in Inverness to discuss lowering impact fees
Citrus county commissioner’s are meeting in an effort to address citizen concerns regarding the economic slow down and associated slow business growth. Residents are saying that it is time to revisit the cost of doing business in the county and the ability to draw in new businesses. One area of concern is that with the [...]
Brooksville’s Haunted House and Museum
The May Stringer Heritiage Museum in Brooksville is hosting an evening of haunted heritage Friday and Saturday’s from 8:00 to 10:oo pm. Reservations are necessary as tour size and availabity is limited. The museum is located at 601 Museum Court, Brooksville FL 34601. Reservations for this event are $20.00 per person and may be made by calling [...]
Brooksville Art Exhibit
Local artists work, incorporating a vairety of mediums, can be viewed for free, at Brooksville City Hall Monday through Friday from 8:30 to 4:30. Brooksville City Hall is located at 201 Howell Avenue, Brooksville FL 34601
Motorcoach Rally in Brooksville/Spring Hill
It’s time for the annual motorcoach rally at the Hernando County Airport. Over 2, 000 coaches will gather for the event. The rally will take place February 6 - 10, 2008 with vendors, food , lots of information regarding traveling and motorcoach living. Addmission is: $5.00/person, kids under 12 free. Hours are: 8:30 am to 5:00 pm.For [...]
Foreclosure Seminar In New Port Richey
A foreclosure seminar is being held on February 16 from 2 to 5 Pm at the Richey Suncoast Theater located at 6237 Grand Blvd. New Port Richey. Topics under discussion will inlcude what to do if you have an adjustable rate loan getting ready to reset as well as what to do if you are late [...]
Hot Air balloon rides in Land ‘O Lakes
American Balloons based in Land O’ Lakes, Florida offers rides for $175.00. Their latest red, white and blue balloon, aptly named Freedom, takes you on a ride across Pasco County viewing various forms of wildlife, lakes, and countryside.
New home builders in Tampa Bay are now building smaller homes.
With the mortgage market crunch and concerns about the Tampa Bay FL economy, new home builders such as KB Homes are starting to build smaller homes with less amenities that are more afforable. KB Homes has cut the average size of their homes in the Tampa Bay area from 22oo square foot living area to [...]
Tampa Bay housing market is driving down home rental prices
With the glut of vacant homes in the Tampa Bay FL area many landlords are finding they need to lower their rent to attract tenants. With the large amount of foreclosures and real estate investors that need to cover their mortgage payments, it seems as though supply in the home rental area is starting to [...]
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