Sunday, January 30, 2011

FISHHAWK RANCH PCS MILITARY RELOCATION REALTOR

I AM A FISHHAWK RANCH PCS MILITARY RELOCATION REALTOR
My name is Rich Kemper and I am a realtor with Keller Williams and I live in the beautiful community of FishHawk Ranch located in Lithia Florida and this is my blog. You can see me on the web at www.fishhawkhomesforsale.com or at www.tamparealestate4you.com.
Military personnel are all around us, if we live in an area where there is a military installation. They are people just like us, but then more. Most of us can’t say we are protecting America at home and abroad. Most of us in our jobs, don’t worry about being shot at by people that for whatever reason don’t like us simply because of the country we are from. While some of us may have to leave town on business for a few days or a few weeks, most of us are never deployed and separated from our families for months or years at a time. And for most of us our companies don’t ask us to move every three years like clockwork.
The pressures are great for everyone. The military person who is separated from his family, but must focus on his/her job at hand. This person also misses years sometimes when you add up all the time they are deployed away from their spouse and children and can never get that time back. It’s gone forever. The wife or husband that stays behind and is stuck with trying to raise the kids, take care of the bills and the house and the pets, etc. with no one to offer them any emotional support. Then there are the kids that cope without a parent around and miss things like the birth of children, birthdays, anniversaries; things that most of us rarely miss with our families.
The military is not the life style for all of us, but the ones that have chosen to be in the military do it with great sacrifice to themselves and to their families. I live in FishHawk Ranch which in Lithia, Florida and close to MacDill AFB. The community is about 40 minutes from base, but a lot of military personnel choose to live in our community. How do they come about choosing our community? The military families follow good schools! Is that the only reason? Of course not, but it is the major reason. When military families move, they really don’t know anything about the area they moving to, and because they move so frequently they want their kids to have the best educational opportunities. Then of course, over time, military families pass on their good experiences of particular neighborhoods to one another.
We love our military families! We cherish them while they are with us and miss them when they go. As a community, FishHawk Ranch and Hillsborough County have done a wonderful job making military personnel feel loved and a part of our community. Hillsborough County even has a dedicated bus stop that runs military personnel to and from MacDill AFB in the morning and in the evening.
I am the son of a military officer and while I never went into the service, my son was the commander of the ROTC Program at Newsome High School and is now on an ROTC scholarship at a University of West Florida. One day as I was assessing my business as a realtor I thought how can I help those military personnel that I come in contact as they move in and move out of our community. As I thought about the real estate process I realized as they move every three years or so, absorbing closing costs twice in 3 years is extremely difficult in any real estate market not to mention the one we are in with falling prices with no letup in sight. Just estimating here, but on average the closing costs can be $10,000 to $20,000 dollars so just double those numbers and now you have idea of what I am talking about. I knew there was a program for military personnel with USAA and so I went online and checked it out. I looked at it and thought I could do better and so I have my own MILITARY BUYER/SELLER PROGRAM. If a military person uses me to buy and to sell their home I cut my fees in half! Its my way of saying thanks for all you do for us.
If you or anyone you know is interested in selling or buying a home in the Tampa Bay area give me a call at 813.77.5332 or email me at getrichquick2@aol.com.                      

Monday, January 17, 2011

WHAT IS A FORECLOSED HOME?

WHAT IS A FORECLOSURE HOME ANYWAY?

As a realtor, I am very familiar with what a foreclosure home is. In fact, I have CDPE designation which stands for Certified Distressed Property Expert. As foreclosures have been in the news for years now I thought most everyone was familiar with the term, but just the other day I had a home owner on a listing appointment ask me "what does foreclosure actually mean anyway?" I thought I would write a blog about it and try to explain in some basic terms for those who are interested.

We have banks and other lenders who loan money to people to buy real estate. The person who borrows the money promises legally to pay a specific amount of money each month for a set period of time or until the loan is paid off. This is called a mortgage and I think everyone is familiar with the term. It's when someone defaults or stops paying the monthly mortgage that the wheels of foreclosure are set into motion. State laws are different so I don't want to get into time-frames other than to say that once you stop paying your mortgage, after a few months the lender starts building its case to foreclose on the property.

There are two terms thrown around out there, one is what is called a SHORT SALE and the other term is called a BANK OWNED HOME or sometimes called an REO. Today’s blog is about SHORT SALES.

What is a short sale?

A short sale is when the lender agrees to take less for the home to satisfy the note than what is owed on the home. Here is an example. Let's say you bought a home 3 years ago for $225,000.00 and you owe $200,000.00. You were making your payments until three months ago when you lost your job....(there are many real people out there suffering from this). With things not getting any better and your reserve funds running out and the lender sending you letters that they are starting the foreclosure process you decide you must sell your home, so you call a realtor. You are given the bad news that your home is only worth about $150,000.00. A good realtor is now going to become a consultant and explain your options and advise you to speak with a lawyer to decide if you are a short sale candidate or if a foreclosure would be your best option. For the sake of this blog you a short sale candidate. So, we put your house on the market at a fair market or just below fair market price. We wait until we have an offer (in most cases) and then we go to your lender with our offer and ask if they will approve a short sale. Let's say the offer is $140,000.00 leaving you $60,000.00 of paying off your mortgage note. If they approve the short sale what they are saying is that they will let you sell your home for $60,000.00 less than what you owe them...thus the term SHORT SALE...it's being sold short of what is owed. There is more going on than this, but this is a simplistic way to at least understand what a short sale is. I'm sure you want to know what does it cost an individual who short sales his home because the bank isn't just going to say oh well, we understand you had some personal issues. No, there is a cost and again speaking in general terms, you take a hit to your credit or beacon score and there is a real possibility that the lender will ask you to sign a promissory note for some amount of money. The good news is that in 2 years as long as you work on restoring your credit and don't have any other issues with paying creditors are eligible to get back into the housing market and buy a home again!
My next blog will be on the other type of foreclosure which is when the bank takes your home from you. Stay tuned and questions are always welcome!


Rich Kemper
REALTOR, Keller Williams Realty
CDPE - Short Sale Specialist
PCS Military Relocation Specialist
Cell:  813.777.5332
Fax:  813.684.8400
I don’t work from 9 to 5. I work from start to close!

WHAT IS A FORECLOSED HOME ANYWAY?





Rich Kemper
REALTOR, Keller Williams Realty
CDPE - Short Sale Specialist
PCS Military Relocation Specialist
Cell:  813.777.5332
Fax:  813.684.8400
I don’t work from 9 to 5. I work from start to close!

Saturday, January 15, 2011

FIHHAWK RANCH ROAD RACE 14th ANNUAL ROAD RACE TOMORROW 2/5/11

I JUST WANTED TO SEND THIS OUT AGAIN FOR ANYONE WHO MAY BE INTERESTED IN RUNNING THE FISHHAWK ROAD RACE TOMORROW!

If you are a runner, and live in the Tampa Bay area you won't want to miss this race!
This is a nice well established race that is run very well! It’s the 14th Annual FishHawk Ranch Road Race  and is is taking place on Saturday February 5, 2011. The races begin at 8 a.m. and 9:30 a.m. at Park Square, and will consist of a chip-timed 5K, 10K and a one-mile kid’s race. The new chip-timed races are pretty cool!. You attach the chip to like your shoe lace etc. and this makes the times exact. Pretty cool technology! What will they come out with next. Last year there were about 800 runners and it grows larger each year.
If you are a runner you have to come and try this race out. Race shirts are guaranteed for the first 500 adults and 100 kids registered and the cost to enter is $30 for adults and $15 for kids. If you want to go ahead and register, visit http://www.fishhawkranch.com/ where you can register online or print out the registration form. With the recent increase of new home construction in the area parking is a bit harder to find, but have no fears, runners and visitors can take advantage of parking available at the town center as well as the Palmetto Club and the Aquatic Club.
 Come on out and visit our wonderful community. If you are interested in moving in to our community and just want to look at what is for sale sale go to my website at http://www.fishhawkhomesforsale.com/ and look around or give me a call.
Make it a great day!
Rich Kemper
REALTOR, Keller Williams Realty
CDPE - Short Sale Specialist
PCS Military Relocation Specialist
Cell:  813.777.5332
Fax:  813.684.8400
Email:  getrichquick2@aol.com
http://www.fishhawkhomesforsale.com/
http://www.tamparealestate4you.com/
I don’t work from 9 to 5. I work from start to close!